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HELLO I WILL UPDATE THIS THING SOON (:
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Tuesday, February 23, 2010
mike [danceworks '10] exhausted. says (9:28 PM):
yeah
are you going?
yeoon- sorrysorry. says (9:28 PM):
-shrugs
i also not sure
cause should have alot of people
and it ends late
mike [danceworks '10] exhausted. says (9:28 PM):
when?
yeoon- sorrysorry. says (9:28 PM):
like, 10plus.
mike [danceworks '10] exhausted. says (9:28 PM):
when it start man
yeoon- sorrysorry. says (9:28 PM):
on the other hand it's at orchard/bugis, so yeah
i think 8.
mike [danceworks '10] exhausted. says (9:31 PM):
mm
uhm
i guess i shan't go
opp cost too high <--- HERE'S WHEN IT ALL STARTS!
yeoon- sorrysorry. says (9:31 PM):
lol
okay
but this is a capital good?
(:
mike [danceworks '10] exhausted. says (9:33 PM):
definitely it is, we need capital goods like breakdance classes to achieve production of more consumer goods which is girl's phone numbers.
yeoon- sorrysorry. says (9:33 PM):
YEAHH. (:
ahshit I'm being very consumer-centric now.
mike [danceworks '10] exhausted. says (9:33 PM):
however, there is too much labour involved, and
we could spend more of our resources on dancework prac
yeoon- sorrysorry. says (9:34 PM):
yes, because for this particular situation, due to dancworks, there is greater opportunity cost in spending resources breakdancing.
yeoon- sorrysorry. says (9:35 PM):
eh wait. Am I getting the concept?
haha
mike [danceworks '10] exhausted. says (9:35 PM):
and not all of these resources are purely suitable for breakdancing, so for every unit of breakdance you produce, you lose out more on the primary capital good which is danceworks.
yeoon- sorrysorry. says (9:37 PM):
yes, producing too many units of breakdance is also unemployment of resources, eg the time you spend lying on the floor recovering.
overall PPC will experience a downward shift due to injuries which lower production capabilitiey.
*capabilities
mike [danceworks '10] exhausted. says (9:38 PM):
however there is always an antithesis! you see, going for breakdance will help to achieve greater entrepreneurship in terms of creating more powermove combinations.
in the long run, due to this entrepreneurship and the induced tech advancement, both the consumer and the capital goods will have a higher production efficiency.
yeoon- sorrysorry. says (9:39 PM):
But wouldn't the curve just skew towards the breakdance sector? There is no improvement with technology with regards to danceworks production.
mike [danceworks '10] exhausted. says (9:40 PM):
which is why the thesis + antithesis = synthesis which happens be a "no breakdance workshop" economic conclusion.
yeoon- sorrysorry. says (9:41 PM):
yes, we have made our choices based on the concept of scarcity.
mike [danceworks '10] exhausted. says (9:41 PM):
......who am i?
what am i doing?
yeoon- sorrysorry. says (9:41 PM):
econs, my man.
idiots guide to have a conversation.
just speak econs and people will think you're funny. At least, a few people will.
mike [danceworks '10] exhausted. says (9:42 PM):
so who is gonna post this on his blog?
yeoon- sorrysorry. says (9:42 PM):
me?
mike [danceworks '10] exhausted. says (9:42 PM):
go ahead.
9:44 PM
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