Funny Quotes to Celebrate the New Year

Funny Quotes to Celebrate the New Year Every New Year brings a chance to mark the passage of time, reflect on the past, and embrace the future. Some of us celebrate the occasion by partying into the wee hours of the morning; others struggle to stay awake to watch the clock hands move past twelve. We make resolutions, only to break them; we promise to do better, try harder, be better, but oftentimes fall short as life gets in the way. The humorous quotes below, though, will help you start the New Year smiling. Mark Twain New Years is a harmless annual institution, of no particular use to anybody save as a scapegoat for promiscuous drunks, and friendly calls and humbug resolutions. New Years Day now is the accepted time to make your regular annual good resolutions. Next week you can begin paving hell with them as usual. Brooks Atkinson Drop the last year into the silent limbo of the past. Let it go, for it was imperfect, and thank God that it can go. Bill Vaughan Youth is when youre allowed to stay up late on New Years Eve. Middle age is when youre forced to. An optimist stays up until midnight to see the New Year in. A pessimist stays up to make sure the old year leaves. P. J. ORourke The proper behavior all through the holiday season is to be drunk. This drunkenness culminates on New Years Eve, when you get so drunk you kiss the person youre married to. Jay Leno Now there are more overweight people in America than average-weight people. So overweight people are now average†¦which means, you have met your New Years resolution. James Agate New Years Resolution: To tolerate fools more gladly, provided this does not encourage them to take up more of my time. Eric Zorn Making resolutions is a cleansing ritual of self-assessment and repentance that demands personal honesty and, ultimately, reinforces humility. Breaking them is part of the cycle. Charles Lamb New Years Day is every mans birthday. Judith Christ Happiness is too many things these days for anyone to wish it on anyone lightly. So lets just wish each other a bile-less New Year and leave it at that. Anonymous Many people look forward to the New Year for a new start on old habits. A New Years resolution is something that goes in one year and out the other. Last year’s resolution was to lose 20 pounds by Christmas. Only 30 pounds to go. Remember when we were young and wanted to stay up for New Year’s? Now we are old and all we want to do is sleep. May the New Year bring you significantly more joy than the holidays did. Joey Adams May all your troubles last as long as your New Years resolutions! Oscar Wilde Good resolutions are simply checks that men draw on a bank where they have no account. Robert Paul Im a little bit older, a little bit wiser, a little bit rounder, but still none the wiser. Robert Clark I would say Happy New Year but it’s not happy; it’s exactly the same as last year except colder.

Introduction to the Conditions and Categories of Price Discrimination

Introduction to the Conditions and Categories of Price Discrimination On a general level, price discrimination refers to the practice of charging different prices to different consumers or groups of consumers without a corresponding difference in the cost of providing a good or service. Conditions Necessary for Price Discrimination In order to be able to price discriminate among consumers, a firm must have some market power and not operate in a perfectly competitive market. More specifically, a firm must be the only producer of the particular good or service that it provides. (Note that, strictly speaking, this condition requires that a producer be a monopolist, but the product differentiation present under monopolistic competition could allow for some price discrimination as well.) If this were not the case, firms would have an incentive to compete by undercutting competitors prices to the high-priced consumer groups, and price discrimination would not be able to be sustained. If a producer wants to discriminate on  price, it must also be the case that resale markets for the producers output do not exist. If consumers could resell the firms output, then consumers who are offered low prices under price discrimination could resell to consumers who are offered higher prices, and the benefits of price discrimination to the producer would vanish. Types of Price Discrimination Not all price discrimination is the same, and economists generally organize price discrimination into three separate categories. First-Degree Price Discrimination: First-degree price discrimination exists when a producer charges each individual his or her full willingness to pay for a good or service. It is also referred to as perfect price discrimination, and it can be difficult to implement because its generally not obvious what each individuals willingness to pay is. Second-Degree Price Discrimination: Second-degree price discrimination exists when a firm charges different prices per unit for different quantities of output. Second-degree price discrimination usually results in lower prices for customers buying larger quantities of a good and vice versa. Thirds of third-degree price discrimination include student discounts, senior citizen discounts, and so on. In general, groups with higher price elasticity of demand are charged lower prices than other groups under third-degree price discrimination and vice versa. While it may seem counterintuitive, it is possible that the ability to price discriminate actually reduces the inefficiency that is a result of monopolistic behavior. This is because price discrimination enables a firm to increase output and offer lower prices to some customers, whereas a monopolist might not be willing to lower prices and increase output otherwise if it had to lower the price to all consumers.