Life is best lived to the maximum, and one day look back with no regrets.
Don't wanna be here? Send us removal request.
Statistics
We looked inside some of the posts by vhetzki12-blog and here's what we found interesting.
Average Info
Notes Per Post
4
Likes Per Post
4
Reblog Per Post
0
Reply Per Post
0
Time Between Posts
1 month ago
Number of Posts By Type
Text
10
Photo
5
Link
2
Last Seen Tumblr Blogs
Fun Fact
The Tumblr app for Google Glass was released on May 16, 2013.
Text
http://wp.me/s21uNx-139
View Post
shared via WordPress.com
0 notes
Photo
//BUILD Conference SOLD OUT
The BUILD Conference will be held on October 30 – November 2, 2012 at the Microsoft…
View Post
shared via WordPress.com
1 note
·
View note
Text
http://wp.me/s21uNx-138
View Post
shared via WordPress.com
0 notes
Photo
Windows 8 Release Dates
Last August 1, 2012, Microsoft has announced that Windows 8 has finally been released to…
View Post
shared via WordPress.com
1 note
·
View note
Photo
Spotlight: Syncfusion's Metro Studio 2
With the upcoming release of Windows 8, many developers have started creating their own Windows 8…
View Post
shared via WordPress.com
1 note
·
View note
Text
Imagine Cup 2012 Game Design & Software Design Finalists
Imagine Cup 2012 Game Design & Software Design Finalists
The list of teams moving to the finals is out!
Following the announcement of the top 20 teams yesterday, we are now left with 6 teams to compete for the grand title! Who do you think it will be?
(more…)
View Post
shared via WordPress.com
1 note
·
View note
Text
Imagine Cup 2012 Software Design Round 2
The results are out!
The teams that are moving forward to the 2nd round of the Software Design category are:
(more…)
View Post
shared via WordPress.com
0 notes
Photo
Imagine Cup 2012 Worldwide Finals Day 1
Imagine Cup, the world’s hottest student technology competition, is celebrating its 10th…
View Post
shared via WordPress.com
0 notes
Photo
Spotlight: PAG-ASA's Project NOAH
The Philippines has always been a hotbed for disasters, from earthquakes to raging storms. Just…
View Post
shared via WordPress.com
0 notes
Text
Long time, No See :))
Hello Tumblr! Haha. It's been awhile. My last post was the beginning of 2nd year, 2nd Sem. XD Probably summing up everything would still take hours to share, but I wanna keep this post as brief as I can. There's been a huge turn of events. I'm in love with the most amazing girl. She's sweet, caring and understanding. We enjoy each other's company a lot. I surely do. :"> She made me a better Me. She's pretty, smart and responsible. ;) Sana magtagal kami. Sana siya na. :')
0 notes
Text
Homework in Microeconomics
1. 1. Differentiate scarcity and poverty.
Scarcity is a concept that indicates that there is less of a good freely available from nature than people would like. For example, resources such as oil and even time are scarce. Even things that are relatively abundant in the United States, such as apples and automobiles can be scarce. Although there are large amounts of these items, they are still scarce because we would like to have more of them than nature has freely provided. Therefore, to redefine scarcity is to say that it occurs when we want more goods, services, or resources than are naturally available. Consequently, scarcity means you have to make choices. Poverty, on the other hand, is a state of physical hardship or human drudgery. To be poor is to not meet a certain level of income. It is most frequently associated with those people whose primary and immediate concerns are those of obtaining food and shelter. However, poverty is a personal opinion of whether someone meets a predefined level of income. What one person considers being poor may not necessarily be the case with another. For instance, the average family in America that meets the federal government's standard for being poor would be considered wealthy in many third world countries, such as those in Africa.
2. 2. Why do we consider rationing as a logical consequence of scarcity?
Because through rationing the places with insufficient resources are being replenished. This is so that resources may be distributed equally among people. Although, the process may be costly, especially in transportation. This is therefore only done in really important cases. This is why people consider that rationing is a logical consequence of scarcity, because the first impression they get is that a place where rationing is conducted lacks resources badly.
3. 3. Explain in detail the second guidepost to economic thinking.
Individuals Choose Purposefully--- They Try to Get the Most from Their Limited Resources.
It’s not enough to choose alone, it must be done ‘purposefully’. Individuals make the most out of their resources. In a situation where a choice is to be made, one chooses the one which would best advance their personal needs. For example, if a person is to buy rice by kilo at a store nearby or to buy by sack from the supermarket, and according to calculation you will save more by buying by sack (including transportation costs to the supermarket), one who thinks economically will definitely choose to buy by sack.
4. 4. Is competition in the economy advantageous for a human being?
In a way, yes. But it also has its disadvantages. Advantageous, in the sense that people learn to trade and earn for a living. Also, consumers get to choose among the best quality in the lowest possible price. Disadvantages may include loss of income for others.
5. 5. Elaborate the principle in economics, “There is no such thing as a free lunch”.
Resources always have a price. Therefore, to gain resources needed means to lose others. In such a scenario, we enter to one of the important parts of economic thinking, decision-making. Therefore, it is vital that each trade-off must be done with caution every time, always keeping in mind the gain vs. loss, if the loss is worth it for the gain.
6. 6. State a scenario in which one does not need to gather information in making an economic choice.
When a person is shopping for groceries, one need not to gather information because in situations like such, people need only to rely in their own knowledge. Mother (or fathers) know the needs in the house and are equipped with skills to choose the products they need most, with the best quality and of course the cheapest price.
0 notes
Text
The Eight Guideposts to Economic Thinking
The Eight Guideposts to Economic Thinking
1. The Use of Scarce Resources is Costly; Trade-offs must Always Be Made
This is also known as “there is no such thing as free lunch.” Resources always have a price. Therefore, to gain resources needed means to lose others. In such a scenario, we enter to one of the important parts of economic thinking, decision-making. Therefore, it is vital that each trade-off must be done with caution every time, always keeping in mind the gain vs. loss, if the loss is worth it for the gain.
2. Individuals Choose Purposefully--- They Try to Get the Most from Their Limited Resources.
It’s not enough to choose alone, it must be done ‘purposefully’. Individuals make the most out of their resources. In a situation where a choice is to be made, one chooses the one which would best advance their personal needs. For example, if a person is to buy rice by kilo at a store nearby or to buy by sack from the supermarket, and according to calculation you will save more by buying by sack (including transportation costs to the supermarket), one who thinks economically will definitely choose to buy by sack.
3. Incentives Matter --- Choice Is Influenced in a Predictable Way by Changes in Incentives.
This is very obvious in the Filipino Market. I mean honestly, who wouldn’t go for a discount or a free item with a purchased one? Certainly, incentives chance how individuals choose among options. If one were heading to a designer clothes shop looking for a checkered top and passes by a store with a poster “SALE: 25-75% off”, would he resist walking in?
4. Individuals Make Decisions at the Margin
When making a decision between alternatives, it is a fact that people generally make decisions at the margin. They focus on the difference between the options, the marginal costs and marginal benefits. It is from these two that one sees which of the choices are more beneficial and worth spending on to the person.
5. Although Information Can Help Us Make Better Choices, Its Acquisition Is Costly.
When inside a supermarket, although more information among choices will benefit a lot it making a good choice, it isn’t always an option. Individuals don’t have the time to research the contents of each type of body soap to purchase, so they base on the best knowledge they have. But if you were to buy a car, you would definitely spend a lot of time knowing more of the options you have, because it will mean a great deal of money than a bar of soap, although gaining this knowledge will take more time and effort before acquiring the desired item.
6. Beware the Secondary Effects: Economics Actions Often Generate Indirect As Well As Direct Effects.
Every decision has its effects, and it is important to keep in mind not only the direct effects but as well as the secondary effects. When a student will decide to transfer to another school which requires a cheaper tuition, one must also check the transportation costs and addition to allowance. The school may offer a smaller tuition but it would be hard if in the end you realize that you cost more than you did originally, due to the additional costs in other needs that you will realize only later.
7. The Value of a Good or Service Is Subjective.
The value of a good or service differs among individuals. The more one needs or wants an item, the more value it has to him. A person like me who loves to eat food with mushrooms will be willing to pay more than me who wouldn’t dare touch the food even if you gave it to me for free.
8. The Test of a Theory Is Its Ability to Predict.
Economists come up with economic theories based on research, scientific study and knowledge of past events. These theories can only be proven useful if they are consistent in the real world with the flow of time. Inconsistency may render a theory invalid or lacking.
0 notes
Text
Darn it.
Classes are gonna start this Monday. Hello second sem. Hello headaches.
Whew. We can do this! :D
0 notes
Text
Sembreak: The First Week
We have 3 weeks vacation before the start of the second semester. I can not believe the first week is already over?! Dang. And for those in high school (which only have a week sembreak), it's back to school next week Wednesday. That means back to school for my love, too. And for me? I'll be stuck at home for two more weeks. Grr. No classes means no allowance. I WANNA GO BACK TO SCHOOL! (And a week ago I was shouting: I WANT SEMBREAK!) Jeeeeeeeez. :|
Though the first week was definitely memorable. I had a great time with Kris every single day. Haha. Too bad I don't have a phone to take pictures with. :| Every single day is priceless.
:")
0 notes
Link
GOSH. Would you believe I used to have a crush on the owner of this blog site that I read her posts almost everyday without even knowing her well enough in person? It's funny to try reading it again and realize most of the latest posts were actually about me, and I had no idea. :"p
0 notes
Link
This is my old blog site. I've been blogging my memories there since 2nd year high school. Ohh the memories. :')
0 notes
Text
awkward.
I've started staying at our house again. It feels weird after more than a month not sleeping in my room. I slept here last night. I dunno if "sleep" is the right word anyway, since I didn't get any sleep at all. I was up the whole night, struggling to get some good night sleep. Fail. I wanted to jump out of bed and run home to her and cuddle myself in her arms. Now everyday feels like playing on fast forward. I want nights to end quick. Then go to her the moment I wake up. When I'm with her, time runs so fast I just want it to stop, or at the very least, slow down. :') When 6pm strikes, my heart just beats faster. I don't want to leave. I don't want to go home. But I keep on reminding myself that I have a home and a family, too. :') And for each step I take on my way home, there's this feeling of desire to stop and go back. I'm happy, yet I feel like I just lost a part of me. It's driving me nuts. :'c
0 notes