all the apricots and peaches stood up and shouted, "WHaT SAY YOU?"
dimanche, juin 27, 2004
am going crazy. took an afternoon nap with my textbook under my pillow. i guess some info managed to diffuse into my head. but wait, it was underneath my head. what if the info seeped into my bed instead.
*essay//Bus companies and other public transport operators basically run services that are like necessity goods. thus, these services would be considered more of a price inelastic good since the increase in bus fares would not really affect the qty demanded. this factor comes under the determinant of price elasticity of dd of the nature of the product since it is a necessity. in this case, the transport companies would not really be affected since their total revenue will increase. however, in the long run the will begin to make a loss as the consumers begin to find alternatives for transport. this is because the longer the time period, the more elastic the good, with the existence of substitutes.....
i suppose its pretty obvious what's on tomorrow.
am going crazy. took an afternoon nap with my textbook under my pillow. i guess some info managed to diffuse into my head. but wait, it was underneath my head. what if the info seeped into my bed instead.
*essay//Bus companies and other public transport operators basically run services that are like necessity goods. thus, these services would be considered more of a price inelastic good since the increase in bus fares would not really affect the qty demanded. this factor comes under the determinant of price elasticity of dd of the nature of the product since it is a necessity. in this case, the transport companies would not really be affected since their total revenue will increase. however, in the long run the will begin to make a loss as the consumers begin to find alternatives for transport. this is because the longer the time period, the more elastic the good, with the existence of substitutes.....
i suppose its pretty obvious what's on tomorrow.
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all apricots reserve their right to be eaten
all peaches plead to be savoured
and the apricots and peaches agree that together, they make the perfect dessert
and indeed, they did.