1 week left....promos is coming....i m not prepared yet....well...i think i m unprepared both in terms on revision and well as mental mode....haiz.....hope i can at least score decent results....if not i really dunno wad to do....

AJ recently opened a new cafe at the ohana extension....and ever since its open, i think i hav been patronizing it quite often....the food serve is ok...but abit ex...perhaps due to high fixed cost as well trying to market itself as a "luxurious" good with Ey > 1.....wad m i toking about....but i guess the price elastic of demand for the canteen good is rather price inelastic coz whether or not, students r still gonna eat the food sold there, so an increase in price will bring about less than proportional decrease in quantity demanded, at such, the canteen vendor can charge higher price and enjoy increase in total revenue....i guess....but i digress....dats not the main point. The main point is, i kept indulging myself in the food served by the newly opened cafe....well...as all of us know, AJ hav a "gd" reputation of serving inhumane and inedible food in the canteen....and this new cafe started business selling rather nice food, compare to the rest....hence pple will want to patronize the cafe rite, despite price is abit high....but i guess still affordable...anyway.....dats a nice thing....n i hope i wont burn a hole in the pocket buying my meals from that stall everyday....haha...as for the malay noodle stall....i guess it has met shutdown condition whereby AR = Price curve is lower than AVC curve hence TR not only < TC but also < TVC...hence if shut down, loss incurred will be whole of TFC only but if continue operation, loss will be whole of TFC plus part of TVC.....nvm if u dun understand wad i m toking bout......

Dats all for today.....shall be mugging now....cya !!!