T: Okie.. the acronym for non-price determinants for Demand = EGYPT where Y represents income..
S: Why why why?? Why Y ??? Why Y stands for income???
T: coz.. big i = I represents investment while small i or i/r stands for interest rates..
S: OoooOOohhhhh...
T: You will learn more of these 2 terms in year 2 syllabus la.. so this is just fyi
S: Cher cher cher.. i dun understand your big i small i leh... i only know what is 大S 小S...
Class roar into laughter.
RoarRRR~
Happie birthday everyone!!! Happie V-dae Mr Ang!! Happie friendship day! ^-^
Wednesday, February 13, 2008
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