another economics analysis...woohoo!

- yj says:
haha good
fireworks says:
"which of the following incurs more opportunity cost?"
- yj says:
i like econs questions
fireworks says:
A) The right girl at the wrong time
B) The wrong girl at the right time
- yj says:
A of course
fireworks says:
Analyse carefully and detailed
- yj says:
a wrong girl is a wrong girl. there is nothing to analyse.
fireworks says:
there is!
- yj says:
if it's a wrong girl, then the time automatically becomes wrong as well.
fireworks says:
Your Opp cost for (B ) is that you will have wasted the right time
- yj says:
hence, the right girl ftw
fireworks says:
it boils down to GIRL or TIME opp cost
fireworks says:
SR and LR?
- yj says:
long run ditch wrong girl
- yj says:
long run right girl will meet right time
- yj says:
so right girl in wrong time ftw
fireworks says:
which one has a greater loss in societal (your) welfare?
fireworks says:
A or B
- yj says:
i said A is better
- yj says:
so of course B ftl
fireworks says:
ftl and ftw. haha interesting
fireworks says:
To what extent would you rather incur a larger opp cost in the SR for benefits in the LR?
- yj says:
i wouldn't.
- yj says:
if i were to have a gf it must be benefits all the way
- yj says:
no point having bgr if it brings pain
- yj says:
if my TR can still overcome AVC even though its less than ATC
- yj says:
then still can hold on
- yj [ west ham 3-1 charlton ] says:
but if TR is less than AVC i'm pulling out immediately
fireworks says:
and forsaking the entire industry (girl)?
fireworks says:
"no pain no gain"?
- yj says:
of course i would come back later
- yj says:
unless there's complete barriers to entry
- yj says:
though i don't think so
- yj says:
even if my demand is inelastic, demand is demand.
fireworks says:
hmm so you think the girl market is an MPC (low barriers to entry)?
- yj says:
probably not.
- yj says:
okay wait it is
- yj says:
cos girls are differentiated duh.
- yj says:
and some choose to self-advertise
- yj says:
so its more or less a vibrant market
- yj says:
lol this is sounding stupid
fireworks says:
and i suppose guys like variety hence increasing societal welfare at half?
- yj says:
that i don't get.
- yj says:
my econs sucks
fireworks says:
well it can add on to my analysis of the reception monopoly
fireworks says:
consumers like product variety..right?
- yj says:
yes
fireworks says:
at half because, half of society is male
- yj says:
oh
- yj says:
assuming that yes

yes! dont we all love econs.

AND NOW I DREAD MONDAY.

YJ YOU ARE AN EVIL TWIT :(((

I WILL WIN YOU NEXT TIME!