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The Theory of Supply and Demand

August 10, 2006 at 8:06 AM

I remember that in the first few economic lectures I attended during my uni days, the lecturer said that although generally if the price fall the demand will increase, there is a limit to how much demand will increase. She gave an example, "You'd buy more ice-cream if it suddenly it becomes cheaper but you can only eat so much ice-cream. You'd get to a point where even if the price falls further you wouldn't buy another."

In the past few days, I related the economics I learned to my violin practice. I always never have enough time for violin practice because of work. Now, the new job gave me so much time to practice that for as far as I can remember, this is the first time I actually had enough of it. I actually felt reluctant to touch the violin.

Too much of a good thing?

P/S: I had enough putting up with my back pain I'm now committed to my chiropractic appointments.

From Sheila Ganapathy
Posted on August 10, 2006 at 3:08 PM
I am the same way! If I am out of school (like I am now) I procrastinate my practicing soooooo much but when I'm in school I get it done b/c I barely have enough time so all the time I do have I spend practicing. Annoying that I'm not more disciplined!

Sheila

From Maura Gerety
Posted on August 10, 2006 at 11:58 PM
The more free time I have, the less I practice. If I have time constraints, I practice pretty well, but on a hot lazy summer day like today, I usually end up posting random comments on violinist.com and listening to Radio Budapest through my computer headphones. :)
From Jim W. Miller
Posted on August 11, 2006 at 7:01 AM
In other words, when somebody's trying to impress me, I'm impressed :)
From Jim W. Miller
Posted on August 11, 2006 at 7:04 AM
Haaa. Never mind.

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