Only some of the $1000 cost was lost income. You are, of course, welcome to substitute your own numbers for the expected cost of self-care and your subjective disutility of being sick for a week, but setting those to zero seems implausible: that is, if there were an instant flu-curing pill, I strongly doubt you would be unwilling to buy it at any price.
Only some of the $1000 cost was lost income. You are, of course, welcome to substitute your own numbers for the expected cost of self-care and your subjective disutility of being sick for a week, but setting those to zero seems implausible: that is, if there were an instant flu-curing pill, I strongly doubt you would be unwilling to buy it at any price.