Thursday, April 23, 2009

Negative externalities costs opportunities.

To understand this irritatingly hard-to-understand post, we must first address the definitions of opportunity cost, and negative externalities.
1. Opportunity cost: The next best opportunity forgone when a descision is made,
2. Negative externalities: The true social cost imposed on a third party by the economic activities of others.

*Patience is not a virtue in my blog world. I will therefore spare the impatient from scrolling down from beyond this point.

I draged myself to my first Economics test yesterday...

[Although I was still recovering from bird-flu caused by over exposure to the growing population of chickens in the Garena Community (edited: kiiiiiiiiiiiiiiiiiiind chickens :D) and the high-ness of passing my driving test on Monday, WITHOUT BRIBING MUAHAHAHAH (eh...i forgot to blog about it?)]

which I totally flunked I think, for to a number of reasons.

The negative externaliy caused by over planning a long saught clan war, which, the opponent decided to chicken out, has taken its toll on a third party-me.

The actual externality, which in this case, is bird-flu, has cost me my physical and mental wellbeing. Thus unable to study well enough to prepare for the test. Which consequently lead to the flunking~ I think~only time will tell~

Thus, I have concluded that the opportunity cost of preparing for war with chickens is that I might have flunked the test.

The end.

Now I shall conduct a Cost Benefit Analysis to identify the true costs of what these chickens have put upon me, in hopes of putting a monatery value on these costs, which would, hopefully give me a clearer picture of how much damages I will claim against the chickens.

See you in court chickens! See eeuuu in court!

Ahhhh...Just like in a constipation....Crapping it out makes us feel allooooooooooot better doesn't it? XD

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