Scarcity

"to choose is to lose" - true,very accurately true!

-We are all faced with scarcity,and as a consequences,we must make choices.

"an opportunity cost is an opportunity lost"

-To get more of anything that is desirable,you must accept less of something else that you also value....

Ai said: "In reality,we faced trade-off.We cannot make other happy without making others unhappy..."

Do you agree with her???

Just finished my econs paper today...Been studying text books like mad these days...To make myself more focus,i need to stay away from 'seduction',which is - my lovely bed,blanket and pc!

LOL ;p That's why I've been a regular customer of Oldtown at Jaya One...From the time they opened their shop until they close... haha ~ Well,I did shift to other places as well, sometimes,such as McD, Halo cafe, Starbucks... .. But still i prefer Oldtown and McD the most!

When i feel sleepy,can order a cup of coffee...i'm a coffee-lover!;p but these days drinking coffee like drinking water,so i got a bit abnormal sign dy...have to stop it...hehe =p About McD...it's always a nice place for youngster to hangout and the best thing is....soft drinks there can refill!!muahahaha...can save $$ to order drinks...

Okay,let's back to the point...

Relationship between Scarcity and the Growing Expectations:

It is likely that over a period of time,a rising quantity of goods and services will not increase human happiness.Why?? -

Our wants grow as fast,if not faster than our ability to meet those wants,so that we still feel scarcity as much or more than we did before.

[above statement are copied from econs text books...lol ;p]

Every human beings have greed...Our desire to own something will never end...But it's always some situation that we can't get everything that we desire.Even the rich do face scarcity as well...Like for example,being popular.In order to gain popularity,you might need to sacrifice your freedom,perhaps...or maybe your time spend with your loved ones'.

I've come to a point where there's no turning back.I cannot look back and i shall not!

I've make myself learn not to regret and start listing down my priority list.

I shall not,shall not always looking backward!It won't help in giving me any gain,instead i got a loss.A loss of not appreciating what i owned now.

I'm trading-off my past,to get a better me-the lady that i shaped for my future.

I wanna be the lady!the kind of lady!!

sorry,if i choose to foregone you...i have to foregone you,the opportunity cost!

and if i did make anyone feel bad or unhappy,sorry is the only word that i can say...

It's because i need to make someone else happy or perhaps,my own sometimes and that's why i have to turn you down...[trade-off theory comes in]

Ai statement is true...I agree~

In conclusion,"to choose is to lose".Thus,scarcity exist everywhere in every kind of situation.

p/s: that's exactly the last sentence that i wrote for my econs essay today.. ;p

Generally, we can only choose either one and ONLY ONE.Then,there might be no turning back.Unless you are lucky enough...that is extreme exceptional case...

So,to choose alternative A,we foregone alternative B or vice versa.

So,sorry to disappoint you-alternative A or maybe alternative B...

Don't blame me...Blame "scarcity" larh ;p