> Teaching Math in 1950: A logger sells a truckload of lumber for $100. > His cost of production is 4/5 of the price. What is his profit? > > Teaching Math in 1960: A logger sells a truckload of lumber for $100. > His cost of production is 4/5 of the price, or $80. What is his > profit? > > Teaching Math in 1970: A logger exchanges a set "L" of lumber for a set > > "M" of money. The cardinality of set "M" is 100. Each element is worth > > one dollar. Make 100 dots representing the elements of the set "M". > The set "C", the cost of production, contains 20 fewer points than set > "M." Represent the set "C" as a subset of set "M" and answer the > following question: What is the cardinality of the set "P" for > profits? > > Teaching Math in 1980: A logger sells a truckload of lumber for $100. > Her cost of production is $80 and her profit is $20. Your assignment: > Underline the number 20. > > Teaching Math in 1990: By cutting down beautiful forest trees, the > logger makes $20. What do you think of this way of making a living? > Topic for class participation after answering the question: > How did the forest birds and squirrels feel as the logger cut down the > trees? > There are no wrong answers. > > Teaching Math in 1996: By laying off 40% of its loggers, a company > improves its stock price from $80 to $100. How much capital gain per > share does the CEO make by exercising his stock options at $80? Assume > capital gains are no longer taxed, because this encourages investment. > > Teaching Math in 1997: A company out-sources all of its loggers. The > firm saves on benefits, and when demand for its product is down, the > logging work force can easily be cut back. The average logger employed > > by the company earned $50,000, had three weeks vacation, a nice > retirement plan and medical insurance. The contracted logger charges > $50 an hour. Was outsourcing a good move? > > Teaching Math in 1998: A laid-off logger with four kids at home and a > ridiculous alimony from his first failed marriage comes into the > logging-company corporate offices and goes postal, mowing down 16 > executives and a couple of secretaries, and gets lucky when he nails a > politician on the premises collecting his kickback. Was outsourcing the > > loggers a good move for the company? > > Teaching Math in 1999: A laid-off logger serving time in Folsom for > blowing away several people is being trained as a COBOL programmer in > order to work on Y2K projects. What is the probability that the > automatic cell doors will open on their own as of 00:00, 01/01/00?