Sunday, August 7, 2011

Micro-economics

Old Micro area
Broadly speaking, microeconomics analyzes the behavior of individuals (and companies) as it relates to the choices we make in the marketplace. It examines supply and demand and hence the determination of prices and production.

In our micro-economic situation... we made a choice and paid for it. We analyzed our own marketplace when it came to selecting the most appropriate product; furthermore, we analyzed three companies when it came to installing this product in our home.
New area sans Micro
Now, does microeconomics look at time and how that may impact an individual's behavior as it relates to any of the above? It's hard to say, but it did take us 7 months to purchase and install our Micro... aka-Christmas gift of a range-top microwave- finally! Out with the old white tiny college microwave, in with the new black double level beauty.

I have been longing for some additional space and now we have it... and a fancy looking micro to boot.

The process:
1) select microwave
2) Buy microwave
3) Set up contractor appointment
4) Wait for microwave
5) Wait for contractor
6)Take down old cabinet, old vent hood
7) install new electrical outlet, new cabinet, and new microwave
8) Sand and prime new cabinet
9) Paint new cabinet
10) Use new microwave:)


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