https://padlet.com/kachamberlain17/3cft1fhh3sow en-us 2016-10-04 16:25:25 UTC 2016-10-08 17:04:56 UTC hello@padlet.com kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128242742 I was at a nail salon and OPI nail polishes were half off so I bought two instead of one since they were cheaper. ]]> 2016-10-04 16:27:31 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128242742 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128244367 I got .25 cent raise so I now buy Starbucks iced coffee twice week instead of once since I have more money to spend. ]]> 2016-10-04 16:30:55 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128244367 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128246501 When I go to Taco Bell, I get a veggie burrito since it is less expensive than the steak or chicken. ]]> 2016-10-04 16:35:44 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128246501 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128247429 I think suppliers will supply more gasoline in the future since the price will likely increase due to its scarcity. ]]> 2016-10-04 16:37:57 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128247429 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128869596 I was eating pizza for dinner, the first piece of pizza was really good and satisfying. The second piece was still good and satisfying but wasn't as useful to me as the first. ]]> 2016-10-06 15:50:49 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128869596 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128872668 I think water is an inelastic demand because it is a necessity for many people and  they would continue to buy it  even if  the price increased.   ]]> 2016-10-06 15:58:43 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128872668 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128874729 I think surgeons have inelastic demand because if the price of having a surgery went up, the quantity demanded would not change since surgeries are usually a necessity. Most people would continue to get them. ]]> 2016-10-06 16:03:55 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128874729 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128877810 Something that has elastic demand is soda. If the price of soda increases, people will buy a different drink. Also, if the prices goes down, they will buy more then they did before. ]]> 2016-10-06 16:11:55 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128877810 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128880034 A service that has elastic demand is a masseuse because if the price of getting a massage increased most people would stop getting massages. ]]> 2016-10-06 16:16:35 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128880034 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128927914 Something that has inelastic demand to me is iced coffee from Dunkin Donuts because it is a necessity in my life and is a small part of my budget. ]]> 2016-10-06 18:03:37 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128927914 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128932343 Something that I want is Tarte Shape Tape concealer. However I can never get it because it is always out of stock. ]]> 2016-10-06 18:12:24 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128932343 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128935316 I believe that technology is changing the elasticity of supply of books. Before modern technology, books took a lot of money to make and therefore were inelastic. Now, however due to machines. books do not cost as much and so they have elastic supply. ]]> 2016-10-06 18:18:27 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128935316 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128937966 Understanding supply and demand helps you understand why the prices and values of items change. It also helps you understand the wages and salaries of jobs. ]]> 2016-10-06 18:24:43 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/128937966 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/129263354 Something that has elastic supply could be Broncos T-Shirts. Many people wanted them since football season started and suppliers were able to accommodate them. ]]> 2016-10-08 03:49:44 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/129263354 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/129263484 A cost of production for something I buy is fabric. Fabric is needed to make jeans, specifically American Eagle, which I purchase. ]]> 2016-10-08 03:57:09 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/129263484 kachamberlain17 https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/129290367 I think that the profit motive helps to reduce the wasting of pap. Since paper costs money, companies won't to use the least amount possible and not waste it in order to maximize their profit. ]]> 2016-10-08 16:34:58 UTC https://padlet.com/kachamberlain17/3cft1fhh3sow/wish/129290367