Monday, April 13, 2009

Randommm

Today in lecture we learnt that the demand curve also represents Social Benefit!

SMB = PMB + EMB (Social Marginal Benefit = Private Marginal Benefit + External Marginal Benefit).

Or in other words, Summary Message Board = Paper Message Board + Electronic Message Board.


xD

Ok I'm super 'boardeddd' now xD
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4 comments:

  1. Willie WeeApril 14, 2009 at 5:59 AM

    wow! whats up with you today ah?! so random haha! and today got econs lecture meh?

    ReplyDelete
  2. yingdaApril 14, 2009 at 6:06 AM

    Cant you see that the post date was yesterday (13th april) ! haha.

    ReplyDelete
  3. Willie WeeApril 14, 2009 at 6:09 AM

    oh! means you're weird and random and high on both days?! =P

    ReplyDelete
  4. Xin YiApril 14, 2009 at 6:10 AM

    SMB (Students Minimally Bored)= PMB (Parents Maximally Bothered) + EMB (Extra Mentoring Body). :D

    ReplyDelete

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