Thursday, May 04, 2006

Economics for Managers

Economics is a very interesting subject. Is it?

Well, I don't really understand why the price of rice or the demand for oil should decide my grades!!!

For that matter, tea being a substitute for coffee.

So that's how things are at present.

For the humor part, we had this interesting dialogue in class. I managed to get most parts of it, though cant guarantee its complete authenticity.

" WHEN ELASTICITY CHANGES FROM ELASTIC TO INELASTIC, YOU ARE NO LONGER ON THE ELASTIC SIDE "

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