Both my media studies and film studies tutorials have been canceled today (2 days of classes a week, ain't that D-vine?), but i'm popping over to hand in my assignment and to play basketball with Brown Bear's mechanical ppl. XD
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About the assignment, it was supposed to be due on Monday but apparently during the previous lecture, right after he said "class is over" and i rushed off, he said "oh wait wait. the assignment will be postponed to wednesday". I didn't hear. I had it done by Monday.
But never-dee-mind, coz i managed to discover some mistakes to my answers. Now i have decided to take back whatever rubbish i said about Mr Mootee as he is a fantastic lecturer who dishes out assignment answers like free food for the poor.
We had this question about housing. If a hurricane came and destroyed lots of houses, what happens? It's kinda confusing, if u ask me. Does demand rise, coz ppl's houses are all destroyed and once they claim insurance they can afford a new roof over their heads? Or does supply fall, coz houses are, well, destroyed. Do you illustrate either, or both? Long run, short run?
Initially i tried to ask my tutor, Val, in a cunning circuitous manner but he refused to tell me the answer. So fine lor. When i asked Prof Mootee he was like "supply shifts la. neh, like the hurricane?" and i was majorly taken aback for such a direct answer. So the answer was pretty simple. Supply falls. And i guess i was just over-analysing the question...
***
About the assignment, it was supposed to be due on Monday but apparently during the previous lecture, right after he said "class is over" and i rushed off, he said "oh wait wait. the assignment will be postponed to wednesday". I didn't hear. I had it done by Monday.
But never-dee-mind, coz i managed to discover some mistakes to my answers. Now i have decided to take back whatever rubbish i said about Mr Mootee as he is a fantastic lecturer who dishes out assignment answers like free food for the poor.
We had this question about housing. If a hurricane came and destroyed lots of houses, what happens? It's kinda confusing, if u ask me. Does demand rise, coz ppl's houses are all destroyed and once they claim insurance they can afford a new roof over their heads? Or does supply fall, coz houses are, well, destroyed. Do you illustrate either, or both? Long run, short run?
Initially i tried to ask my tutor, Val, in a cunning circuitous manner but he refused to tell me the answer. So fine lor. When i asked Prof Mootee he was like "supply shifts la. neh, like the hurricane?" and i was majorly taken aback for such a direct answer. So the answer was pretty simple. Supply falls. And i guess i was just over-analysing the question...
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