aquilus, its ok. im same when you say all med stuff. expression is- heh?
agarwaen, all i remember telling myself to remember was that perfect competition equals large no of buyers and sellers. bas. tht was enough for answering in class.
but.. during exams. i studied. plus i had taken down market notes very beautifully in a new spiral-bounded diary. so.. perfect competition equals
large numbers of people buying and people selling. free entry and exit-people die people are born.
other things also but they are too big to write. besides..these two are good enough.
da da da dum click click. hello. yes i vanth to be rich too. then i vill buy les paul. ha ha! yus. perfect competition,monopoly,oligopoly and monopolistic... ha ha.
mercuryshadow, these ity bitsy technicalities often turns me on. ok. this perfect competition thing is a textbook stuff. doesn't have much significant real world applications. but to make a little more trivia out of it, here's the equilibrium under perfect competition: market price=marginal cost of firm(s). go figure. see, i'm devoid of any sense of humour.
aquilus, how did this comment space turned into a discussion board on economics? :D funny. i know. i'm responsible. sorry.
Mercuryshadow, If there would be perfect competiion then everyone would be selling.so then who eould buy reassurance?Only aquilus!:) Agarwaen, Consolidation is the name of the game these days.Hopefully the reassurance givers would not consolidate to form one of those teleevangelist institutions.:) And I would definitely make some money in this buying and selling.I am the eternal reasuurance giver to people around me.;)
@tania:perfect competition means larhe number of both buyers and sellers.(im so stuck on this point:)) so lot of people would be buying and lot of people would be selling. because there are innumerable number of people at every point of time who need reassurance and there are innumerable people around those innumerable people who are always ready to provide it.
@mercuryshadow-Got it.It makes sense now. @ouroboros: I am selling some .Interested?Both second and first hand. the second hand version is the same old cliched "Everything will be fine" :D The first hand is just repackaged with some new age buzzwords. A sample of the seond hand one was gratis. If you need more , shell the dough.:)
21 comments:
Quentin Tarantino would've loved to write this one. :)
hehehe.
I shall convey your compliments to the author.
I'd be rich too.
yeah. I think that you would.
teehee ;)
i would rule the world.
damn!
me too.
Id be rich also.
but then i will not have monopoly.
perfect competition would exist.
??
i dont know.
my exams have come to an end.
why did i think of this.
aquilus,
heheh..i kind of guessed that the quote doesn't belongs to you.
mercuryshadow,
it's impossible. perfect competition is a zero profit scenario. bottomlines will not get inflated.
GOOD GOD!
perfect monopoly? zero profit? deflated bottomlines??
no wonder there's no reassurance left to sell!!
:)
@ Bob: ha! so you thought this was a NICE CONVERSATION?
@ merc: er... what? and yaay for you!
@ agarwaen: er... WHAT? and :D
@ cara: See! Neither of us know ANY economics!
im SCARED of economics.
aquilus,
its ok.
im same when you say all med stuff.
expression is- heh?
agarwaen,
all i remember telling myself to remember was that perfect competition equals large no of buyers and sellers.
bas.
tht was enough for answering in class.
but..
during exams.
i studied.
plus i had taken down market notes very beautifully in a new spiral-bounded diary.
so..
perfect competition equals
large numbers of people buying and people selling.
free entry and exit-people die people are born.
other things also but they are too big to write.
besides..these two are good enough.
and i dont know wat is bottomlines getting inflated.
so much they dont teach.
good.
but maybe i dont know.
da da da dum click click.
hello.
yes
i vanth to be rich too.
then i vill buy les paul.
ha ha!
yus.
perfect competition,monopoly,oligopoly and monopolistic...
ha ha.
mercuryshadow,
these ity bitsy technicalities often turns me on.
ok.
this perfect competition thing is a textbook stuff. doesn't have much significant real world applications.
but to make a little more trivia out of it, here's the equilibrium under perfect competition:
market price=marginal cost of firm(s).
go figure.
see, i'm devoid of any sense of humour.
aquilus,
how did this comment space turned into a discussion board on economics? :D
funny. i know.
i'm responsible. sorry.
Mercuryshadow,
If there would be perfect competiion then everyone would be selling.so then who eould buy reassurance?Only aquilus!:)
Agarwaen,
Consolidation is the name of the game these days.Hopefully the reassurance givers would not consolidate to form one of those teleevangelist institutions.:)
And I would definitely make some money in this buying and selling.I am the eternal reasuurance giver to people around me.;)
Lord,
wat have i started.
still,
i continue.
@tania:perfect competition means larhe number of both buyers and sellers.(im so stuck on this point:))
so lot of people would be buying and lot of people would be selling.
because there are innumerable number of people at every point of time who need reassurance and there are innumerable people around those innumerable people who are always ready to provide it.
i wanna wanna buy some reassurance. who's selling? which's the cheapest? secondhands will do too.
@mercuryshadow-Got it.It makes sense now.
@ouroboros: I am selling some .Interested?Both second and first hand. the second hand version is the same old cliched "Everything will be fine" :D The first hand is just repackaged with some new age buzzwords. A sample of the seond hand one was gratis. If you need more , shell the dough.:)
@aarshi: me too.
@ Merc: oh yeah.. and HEH? :)
@ Xia: les wha? and what are all that?
@ agarwaen: Not all, old chap... Mi blog comments space, es su blog comments space.. ;)
@ Tania: Hey, me too... We should form a reassurance giver's club!
@ Div: Results are coming out.. Im fresh out!
LES PAUL!
THE GREATEST VINTAGE ROCK MUSIC PLAYING GUEETAR!!!!!!
THE SAME ONE WHICH SLASH PLAYS!
LES PAUL!!!
LES PAUL!
OK?!
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