Friday, March 4, 2011

Economics on graffiti cleanup.

Market value of my time to get the graffiti cleaned, was gonna be much higher than my opportunity cost.

Market Value.   If I say 2500 tweets, at five minutes per. that is 12500 minutes.   12500/60= 208 hours.

First to do it tweets, ( count 1/3 of them) $400/hour to $600/hr=
Engineering system for efficient follow-up - (count 1/3 ) @ 50/hr to 80/hr  =
Anybody, or I could have hired at, +overhead @ 25/hr to $40/hr =
Total, about $50,000.

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