Hi Every One,
Welcome to my post on the Economic Diary Game! My name is Tayyba and I am excited to share my thoughts and experiences with you as we explore the world of economics through this interactive game. Whether you are a student, a professional, or simply someone who is interested in learning more about economics, this game is a fun and engaging way to deepen your understanding of the subject. I hope you will join me on this journey as we learn about different economic concepts and how they apply to real-world situations. Let's get started.

I Did Break fast from Khyban small resturant :

Today, I had the pleasure of visiting a local restaurant of Khyban Rawalpindi called Mjeed Nihari for breakfast. This small, family-owned business is a great example of how microeconomics plays a role in our daily lives. As I looked over the menu, I noticed the owner has set prices for each dish that reflect the cost of ingredients and labor, as well as the level of demand for certain items. I was also able to observe how the owner employs different strategies to attract customers, such as offering discounts or promotions. As I enjoyed my meal, it made me think about the importance of small businesses in our economy and the role they play in creating jobs and supporting local communities. Overall, it was a great reminder that economics is not just about numbers and theories, but also about the real-world decisions and actions that shape our daily lives.

I bought Novita Bites and choclate chips mini buiscuites packet :

After leaving the restaurant, I decided to stop by the local store to pick up some snacks for later. I came across a new brand of biscuits called Novita Bites, which caught my attention. The package was small and contained chocolate chips mini biscuits. The price of the packet was 50 Pakistani rupees.

This small purchase may seem insignificant, but it is actually a great example of how macroeconomics plays a role in our daily lives. The price of the biscuits is determined by a number of factors, including the cost of production, the level of demand for the product, and the overall state of the economy.

As a consumer, I am part of the demand side of the market. My decision to purchase the Novita Bites biscuits is based on a number of factors, including the price, the quality of the product, and my personal preferences. In turn, my decision to buy the biscuits will affect the supply and demand for the product, potentially leading to changes in the price or production levels.

This purchase also highlights the role of competition in the market. The Novita Bites biscuits are competing with other brands of biscuits for my attention and my money. The company producing the biscuits will have to think about ways to stand out from the competition, such as through advertising or innovation.

This small purchase also has an impact on the economy as a whole. The money I spent on the biscuits will be used by the company to pay its employees, purchase raw materials, and invest in future production. This, in turn, can lead to economic growth and job creation.

In addition, by buying the biscuits made in Pakistan, I am supporting the local economy and helping to create jobs and spur economic activity within the country.

Furthermore, the taxes I paid on the biscuits will also contribute to government revenue, which can be used to fund public services and invest in infrastructure.

Overall, this small purchase of Novita Bites biscuits not only satisfied my taste buds but also illustrates how economics is a fundamental part of our daily lives and how our small decisions can have a big impact on the economy. It also shows that economic activity is a result of interactions between many different actors, such as consumers, producers, and government, and how these interactions shape the economy and our world.

Price Details :

Items	Price in Pkr	Price in steem
3 Naan ( Bread ) ( 25 Pkr of each)	150	3.43
I chana plate	150	3.43
2 Navita buiscuits and 1 Chocolate Chip Buiscuits Pack ( Price of each is 50 pkr)	150	3.43

Review :

All items were very fit according to prices and quality. I was totally satisfied from my shoping .

Good Bye :

This time is to say good bye to all of you . Special thanks to all who read my complete post.