https://padlet.com/jamie_hoofnagle/af5qdgipbska TASK: Give 3 present day examples of how supply and demand can impact the prices of goods and services en-us 2016-11-28 18:03:54 UTC 2017-01-15 22:15:56 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140321465 Three examples of how supply and demand effect the prices of items would be:
-Hot Wheels cars were not very popular this year, so they lowered the prices to make them sell more and lower their supply. (why did they lower the price?)
-Video games were very popular (what is this called?) this year so their supply was very low and their prices were high (why were prices high?) so the company could make more money
-Video game consoles were also popular this year so their prices were high, and their supply was low. ]]> 2016-11-28 19:53:43 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140321465 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140323267 One example of how prices, goods, services, supply, and demand interact iiiiisssss... If fish become extinct, and one fisherman has 20 of the last fishes on Earth, the price will go higher, since there are no more fishies. The demand is higher, whereas the supply is lower. Therefore, the price will be higher.

Another example of how prices, goods, services, supply, and demand iiiiissss... In the summer the prices on bananas are lower because they are easier to get, since that is the harvest time for tropical fruits. Since the supply is high, the knock the price down. In the winter, when they are not in their harvest period, they have to bring up the price because the bananas are scarce in the winter time. 

The last example of how prices, goods, services, supply, and demand iiiiisssss... In the summertime, there is always a high demand for lawnmowers peoples to come and mow their lawn, since grass grow faster in the summer/spring time, so the service owners raise their prices. In the winter/fall time, there isn't a high demand for a lawnmower person because grass doesn't really grow during those times. So the service people will lower their prices in hope that someone will hire them.]]> 2016-11-28 19:59:45 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140323267 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140323545 The price of the iphone 7 is affected by the need for it because most people want to be up to date so the apple store have the freedom to change(increase) the price of the phone because they know people will buy it no matter what so they want to get the highest profit.
Another example is that aeropostale is shutting down because the demand is low so they are selling the goods for a cheap price to get rid of all goods before they close but a downside is that they will have to let go their workers.
Also a example is people line up outside because there is a large demand for the next xbox so they spend time to get the new console because the supply might lower increasingly due to the low price on the new xbox.]]> 2016-11-28 20:00:34 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140323545 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140323806 One example of how present day market economic systems determine their prices is the amount of supply offered.Maybe the producer wants to sell a large amount of a product,but he knows he cannot do this without lowering the price.Say for example that a baker wants to sell a large amount of muffins,but nobody is buying any because the price is too high.Maybe after she lowers it a couple of dollars,the demand will raise because more people have the money to afford it.
Another example is maybe the Paw Patrol toys were low in supplies, so the producer had to raise the price due to the amount of demand of the people who want it for their kids for Christmas. 

Another example of how economies determine their prices is the amount of demand.This is almost the same as supply.Because if the demand is too high,the sellers may be able to get away with raising the price.However,when the consumers notice,they may change their mind.It is the opposite when the demand lowers,because then the seller is forced to lower the price.
So for example,Juan was selling lemonade for 25 cents, there is 5 peopel in line to buy it.He sells it to one customer,and changes the price to 75 cents.]]> 2016-11-28 20:01:22 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140323806 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140324708 for example in august school starts and kids need their pencils from walmart,walmart might make their prices higher because they know that there is a high demand of pencils .another example is that at your local kroger during the summer turkey and ham is cheap because there is low demand but at thanksgiving time there is a high demand so they will upper the price .Also during christmas time your local stores makes prices higher in toys and gifts because they know parents will be buying gifts for christmas so its a high demand .They raise the prices of goods because they want to make money (better profit).]]> 2016-11-28 20:04:13 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140324708 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140325050 Three examples of how supply and demand effect the prices of items would be:
-Hot Wheels cars were not very popular this year, (The demand was low) so they lowered the prices to make them sell more and lower their supply, so they do not have too many goods.
-Video games were very popular (The demand was high) this year, so their supply was very low and their prices were high so people were buying them for more money so the company could make more money
-Video game consoles were also popular this year so their prices were high, and their supply was low. ]]> 2016-11-28 20:05:26 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140325050 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140325190 The first example is when a lot of people stopped buying silly bands the amount of silly bands increased and the prices decreased.Next, the demand of a furby went up so the supply was low and the price went up. Finally, the iphone7 has a high demand and it has a low supply so the price is high.]]> 2016-11-28 20:05:53 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140325190 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140327135 cliffton thinks that a example of supply and demand is the amount of the products are ]]> 2016-11-28 20:11:11 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140327135 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140328557 We said the first example is hatchimals the demand is high as well as the price because there is little supply. our second example is hot wheels. They aren't very popular anymore so the supply is high but the demand is low along with the price. Our 3rd We said the first example is hatchimals the demand is high as well as the price because there is little supply. our second example is hot wheels. They aren't very popular anymore so the supply is high but the demand is low along with the price. Our 3rd is when ]]> 2016-11-28 20:15:06 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140328557 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140328608  1 example of goods are Doritoes price will go up if there is low supply and high demand. 3 if there is low demand and high supply the price will go down. If there are the same supply and demand the price will stay the same.]]> 2016-11-28 20:15:16 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140328608 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140329022 1. In August school starts so the school  supplies rises up making prices go up in store,demand high
2.]]> 2016-11-28 20:16:38 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140329022 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140329880 prices:how much something costs ]]> 2016-11-28 20:19:04 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140329880 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140330345  ]]> 2016-11-28 20:20:27 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140330345 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644009 carson says If you own the only lawnmower in your neighborhood  The supply for that service to mow is high demand . But the supply of mowers is low  the business owner can charge more for the price he mows.caleb says If you go to walmart to get school supplies the prices will go up                    because the producers predict that there will be a lot of people (consumers) coming take supplies so they don't know if they have enough supplies.our last example is say the apple company has 800 iphone 7 and the release  450 the supply is low and the demand is high so they will raise the price  to get more money out of the 450 they put out]]> 2016-11-29 19:46:47 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644009 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644313 We said the first example is hatchimals the demand is high as well as the price because there is little supply. our second example is hot wheels. They aren't very popular anymore so the supply is high but the demand is low along with the price. Our 3rd reason is the demand of silly bands is low but the supply is high so the price is low.]]> 2016-11-29 19:47:34 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644313 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644563 Braden said One example of goods is when you have a xbox one when the supply is low there is going to be a lot more demand. Also if is the supply is low then the price will go up. A example of prices is like when there is a Hoverboard the price is going to be a lot higher and there is going to be less supply but more demand. A example of services is when there is a worker at a job like a resturant the person working there provides goods and if he/she has good service there is going to be less supply because more people are going to come and there is going to be more demand. Kevin Said a example of supply is a store, they have a lot of goods and if those goods runs out of supply there will be more demand. A example of demand is that walmart on black friday there's going to be more supply but a lot more demand.]]> 2016-11-29 19:48:18 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644563 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644583 by : Deborah prices : how much something costs . goods : something you buy in the store services : people do a job for you . supply : how much you have of something demand: how many people want a product. by: kira prices :The price is the amount of money something costs. goods: Something you buy ,some exp. include :fast food, toys, and clothes.services:something something someone does for others. supply: how much you have . demand : The wanting of a good or service.]]> 2016-11-29 19:48:20 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644583 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644742 Mackenzy thinks that an example of supply and demand is if ice cream flavor comes out that everyone wants but the supply is low because so many people bought it causing the prices to go up will make the demand fall, letting more of the new ice cream flavor be created before more people come to buy it.

Anna thinks and example on supply and demand is if a new iphone comes out that everyone wants but the supply is very low causing the prices to go up will make the demand fall, letting new phones be created before more people come to buy it.

We think that an example of supply and demand is that if a new laptop is created and if its really slow nobody will want to buy it making supplies go really high and money go really low because they are making more and more causing money to decrease. ]]> 2016-11-29 19:48:48 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644742 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644773 One way supply and demand impact the present day economy is by when the income of gas slows the price goes up because there is not as much gas. Another example is when silly bands were popular the price was high but when they weren't popular anymore the supply went down, so they were harder to find. The last example is when hoverboards were popular the price was high and now that the price is lower they don't make as many.]]> 2016-11-29 19:48:55 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140644773 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645138 One example of how prices, goods, services, supply, and demand interact iiiiisssss... If fish become extinct, and one fisherman has 20 of the last fishes on Earth, the price will go higher, since there are no more fishies. The demand is higher, whereas the supply is lower. Therefore, the price will be higher because the want to make a profit.

Another example of how prices, goods, services, supply, and demand iiiiissss... In the summer the prices on bananas are lower because they are easier to get, since that is the harvest time for tropical fruits. Since the supply is high, the knock the price down. In the winter, when they are not in their harvest period, they have to bring up the price because the bananas are scarce in the winter time and they need to make a profit.

The last example of how prices, goods, services, supply, and demand iiiiisssss... In the summertime, there is always a high demand for  lawnmowers peoples to come and mow their lawn, since grass grow faster in the summer/spring time, so the service owners raise their prices. In the winter/fall time, there isn't a high demand for a lawnmower person because grass doesn't really grow during those times. So the service people will lower their prices in hope that someone will hire them. They lower and raise the prices because they want to make a nice, steady profit]]> 2016-11-29 19:50:02 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645138 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645185 Edwin said that if the supply goes up then the price goes down.
rebecca said that if the supply goes down the price goes up.
for example silly bands were really popular so the supply went down and the price went up.but it became less demanded so the price went down.
Edwin said that when elvis presly action figures were really big as a hit so it is exactly like silly bands.
another example is if demand is up price is up and if demand is down then price is down exactly like silly bands and elvis presly action figures. ]]> 2016-11-29 19:50:06 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645185 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645299 The price of the iphone 7 is affected by the need for it because most people want to be up to date so the apple store have the freedom to change(increase) the price of the phone because they know people will buy it no matter what and the store wants to get the highest profit.
Another example is that aeropostale is shutting down because the demand is low so they are selling the goods for a cheap price to get rid of all goods before they close but a downside is that they will have to let go their workers.
Also a example is people line up outside because there is a large demand for the next xbox  so they spend time to get the new console because the supply  might lower increasingly due to the low price on the new xbox.]]> 2016-11-29 19:50:26 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645299 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645836   1) If you have low demand and high supply then the price will lower so people will buy the good/servic]]> 2016-11-29 19:52:10 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140645836 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140646841 1.in August schools starts so the supply of school supplies rises up making prices go up and stores and the demand is high
2. A couple years ago slinky bands were very popular so the demand/supply is high. Now the demand went low because other toys came out which slowed production. So now you can buy slinky bands for $1
3.computers and other electronics are very popular so the demand is high and supply is average. They are so popular because people want to stick with the classic look making prices high]]> 2016-11-29 19:55:18 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140646841 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140648983 ne example of how prices of goods and  services are determined by the supplies and demand is how fishermen fish for fish and they catch a rare fish and they sell it to a market which the market sells the fish and the demand for the fish goes up so they rise the prices and if the demand lowers then they sell irf for less and the supplies will go down so more the price rises 

# 2 is oil there is 4.9 million barrels per day so there is a high supplies so they need to sell it quick so it doesn't over flow so they lower the prices but if to many people coming then they higher the cost. 

#3 hachimals are very expensive  because the command is up so they need to higher the price so it will no go out of stalke so they get less command then they lower the prices and again they higher the prices because of the demand.               well # paese out :) $$$$]]> 2016-11-29 20:01:36 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140648983 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140653234 i think that a example of supply and demand is the amount of the products are the supply and how bad people want it is demand another is ]]> 2016-11-29 20:15:39 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/140653234 https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/147267361 2017-01-15 22:15:54 UTC https://padlet.com/jamie_hoofnagle/af5qdgipbska/wish/147267361