Wednesday, January 07, 2009

Economies of Scale

CHART TAKEN FROM WIKIPEDIA
Good Morning boys and girls. Economics class this morning :)
I was telling CC yesterday yesterday I will attempt two classes in a row at the gym (RPM+BC) and she gave me a 'jaw dropped four inches" emoticon ...I tried to justify my insane obsession by relating it to Economies of Scale.
I am supposedly an economics graduate you see...
Wikipedia...says:
Economies of scale refers to the decreased per unit cost as output increases. More clearly, the initial investment of capital is diffused (spread) over an increasing number of units of output, and therefore, the marginal cost of producing a good or service is less than the average total cost per unit (note that this is only in an industry that is experiencing economies of scale)
When more units of a good or a service can be produced on a larger scale, yet with (on average) less input costs, economies of scale (ES) are said to be achieved.
For the world of me..I can't seem to understand these definitions! Economics graduate some more. No wonder I didn't do well in pre-uni and uni although I had damn good teachers (in Setapak High) and lecturers (in Help University College).
But..but ..based on my 'background'..I am quite convinced that I can justify my obsession+the cost vs. better health using the fundamentals behind Economies of Scale.
My rationale ---ever since I started working out diligently..my visits to the accupuncturist had reduced significantly. (Each visit normally cost me about $80 incl. medication).
Where else....the cost of the gym membership is fixed / sunk since I'd to pay $112.98 every month regardless of no. of visits. Hence..when I double/ triple my visits to the the gym ....I reduce the cost per visit on top of that..I save of medical fees also...ta daa...and that's Economies of Scale!
Betul? Correct?
Ha-ha...me going insane here..
By the way..since I am on the topic. I survived doing both classes last night. I took two buns and a packet UHT milk while on the way. By the time I finished RPM I was hungry liao and was dead dead tired. Thought I won't be able to stay till the end of the next BC class but I did! Surprisingly..all the tiredness and hunger feeling gone by the end :)
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8 comments:

  1. welldone! for realizing the "economies of scale" and for surviving the classes.. first achievement of 2009. DONE.

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  2. You better don't skip meals just to go for your classes!!! You need the food for energy.

    And if you skip meals, you might also develop gastric problem!!!

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  3. yes 'mama'.

    i m a foodie! ..I wont skip meals wan, my makan bioligical clock is more accurate than the world clock :)

    anyway..i've tried eating heavier meals..felt like throwing up in btwn...tak boleh jugak.

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  4. Not asking you to eat a lot, just make sure you eat your meals at regular time

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  5. I am no economy grad but I think that's not a right analogy :P
    It's more of maximizing your return of investment.. but that's not the point of this comment.. When I read this post - I am not sure why this thought occur to me - since you are such a gym junkie .. and has the body to show it - and that the gym is where all the hunks are - what I don't understand is how come no target one??? Are all guys in gym gay or what?

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  6. FY u made my day la! LMAO!!
    erhm..i really hv no answer to ur ques. but then..i dun go to the gym to socialise wor. i zoom in and out very fast wan. how to find target like tat? secondly..i hv yet to notice any so called 'hunks' la. even if there is..i dun thk they wil notice me here le...i dun wear sexy outfits oso :D

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  7. AHAAAAAAAAAA - you have the answers:
    1. wear sexy clothes
    2. forget about hunks - look for normal fat bellied guys
    3. don't zoom in and out of gym so fast.. hang around to socialize.

    I bet you you will find Mr Right this year if you follow the steps above.

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  8. today FY veru cheeky ah...takda kerja ka?

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