Wednesday, May 19, 2010

Economics In Simple Language

1. You see a gorgeous girl at a party. You go up to her and say, 'i am very rich, marry me!' that's - Direct Marketing
2. You are at a party with a bunch of friends and see a gorgeous girl. One of your friend goes up to her and pointing at you says, 'he's very rich, marry him' that's - Advertising
3. You are at a party and see a gorgeous girl. She walks up to you and say, 'you are very rich, can you marry me?' that's - Brand Recognition
4. You see a gorgeous girl at a party. You go up to her and say, 'i am very rich, marry me!' She gives you a nice hard slap on your face. That's - Customer Feedback
5. You see a gorgeous girl at a party. You go up to her and say, 'i am very rich, marry me!' she introduces you to her husband. That's - Demand And Supply Gap
6. You see a gorgeous girl at a party. You go up to her and before you say, 'i am rich, marry me!' your wife arrives. That's - Restriction For Entering New Firms (Monopoly Market)

No comments: