An "enlightened" thought struck me in the Economics exam today.
q. What is common between a pornstar and competitive markets?
a. Both have no barriers to entries and exit
q. How many Economists does it take to screw a light bulb?
a. None. They are still debating if it is Pareto Efficient.
Okay okay, before you spit on your screen, you have to hand it to me for making education fun and all that jazz!
Saturday, September 22, 2007
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4 comments:
Small doubt.
q. How many Economists does it take to screw a light bulb?
a. None.
How can the answer be none? None would mean the bulb could be screwed without any economists which is irrelevant as the question is about the number of economists needed to do it . The currect answer , with the explanation given , should be that the bulb cannot be screwed in by economists :P
Seri.. Konjham over mokkai only :P
Aargh!
No barriers, LOL :D
ggrrrrrrrrrrrrrrr
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