An Economic Approach to Surfing
The following represents a specified depiction of a typical day of surfing for me, in a manner described using economic terminology. Although there are many definitions of surfing these days, including surfing the internet, surfing departments stores, magazine surfing, etc., we will focus on the meaning of surfing as it was originally intended, defined as "The water sport of riding the surf into shore" (Webster's New World Dictionary, p.739) Using this, I will recount a surf trip a friend and I made to the beach a few years ago, beginning and ending at my home in Valley Center California. The Events I experienced will be depicted using primarily economic concepts. What would seem like ordinary events will be portrayed using an economic microscope of interpretation. It is five A.M. on a scorching Saturday morning in the summer of 1998, and I am awakened by the unpleasant sound of my alarm clock. Now you may be wondering why I am crazy enough to wake up this early on a Saturday, but for the dedicated surfer it is a necessity that one must take in order to maximize utility. Utility is defined as "A measure of the satisfaction, happiness, or benefit that results from the consumption of a good
As I mentioned before, my reasoning for waking up at five A. Everything is quiet and peaceful, and this factor alone allows me to start my day in a sort of positive and spiritual mode. Staying where we were would only cause us to be drilled by the horrendous force of the wave. I then drove over to the local community pool where I would relax for a couple of hours and think back upon my day and the things I've done. The good in this case being surfing, and in order for me to be fully satisfied, receive happiness, and benefit optimally from this good, I must awake early. After a smooth 20-minute drive to Grandview Beach in Leucadia California, I have finally arrived, and I am optimistic of what lies ahead of me. In order for Blake to reach his optimum level of surfing, I would have to cross my equilibrium point and surf longer, thus establishing disutility. Cincinnati, Ohio: South-Western College Publishing. I can remember their intelligent reasoning for not doing so because they knew they would have a high probability of receiving disutility from doing so in terms of costs and benefits. In a competitive market, firms must compete with other firms in order to offer the "lowest available prices" for consumers.
Common topics in this essay:
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Diego California,
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Marginal Utility,
Despite Blake's,
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Paribus Blake,
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Blake Blake,
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road space,
available streets freeways,
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Acceptance Essays
