Nuar M
http://nuarmohd.blogspot.com/
Sunday, September 30, 2007

NUAR: “As the price of hamburger rises, then in theory, consumers will opt for fewer hamburgers”

LECTURER: “NO, they will demand for more chicken sandwich.”


As not being a sandwich-type of guy, regardless it’s the world’s tastiest sandwich ever, I would never substitute a hamburger for a sandwich. Questions regarding substitutable goods nowadays are totally ridiculous, placing yourself in a mandatory situation to think like an Economist, not to think of who you are, what do you like to eat and what benefits you more. You’ll end up with a clean zero on your result sheet.

NOTE: The question didn’t mention that sandwich is a substitute for hamburgers and hence I was being myself while presenting that question, not putting myself to think like an Economist. Lesson learnt! Damn, of all the substitutable goods he could find, why hamburgers & sandwiches?

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posted at 9/30/2007 03:22:00 PM by Nuar Mohammad



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