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      <title>John&#39;s Supply and Demand in Photos by john</title>
      <link>https://padlet.com/jcsevy17/fkezpmar05jh</link>
      <description></description>
      <language>en-us</language>
      <pubDate>2017-02-16 19:58:54 UTC</pubDate>
      <lastBuildDate>2026-03-23 16:06:35 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>1. Law of Demand</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154453101</link>
         <description><![CDATA[<div>I won't buy popcorn or as much popcorn at the movies when they raise the price higher than the price of the actual film.</div>]]></description>
         <enclosure url="http://i2.cdn.turner.com/money/galleries/2010/news/1001/gallery.americas_biggest_ripoffs/images/movie_popcorn.ju.jpg" />
         <pubDate>2017-02-16 20:12:06 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154453101</guid>
      </item>
      <item>
         <title>2.  Income Effect</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154454766</link>
         <description><![CDATA[<div>I bought a kayak from a thrift store because it was 70 dollars on sale. </div>]]></description>
         <enclosure url="https://content.westmarine.com/wm-img/westadvisor/articles/Kayaks-5.jpg" />
         <pubDate>2017-02-16 20:17:44 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154454766</guid>
      </item>
      <item>
         <title>3.  Price Increase from Suppliers</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154455947</link>
         <description><![CDATA[<div>The new Chevy Camaro is more loaded and come with a faster, more powerful engine, making it more expensive from suppliers.</div>]]></description>
         <enclosure url="http://www.chevrolet.com/content/dam/Chevrolet/northamerica/usa/nscwebsite/en/Home/Vehicles/Performance/2016_Camaro/Model_Overview/01_images/2016-chevrolet-camaro-six-mo-50th-vehicle-658x441.jpg" />
         <pubDate>2017-02-16 20:21:26 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154455947</guid>
      </item>
      <item>
         <title>4. Cost of Production</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154687798</link>
         <description><![CDATA[<div>Coca Cola's cost to produce is cheaper than it is for consumers to purchase from other stores. </div>]]></description>
         <enclosure url="http://www.coca-colaproductfacts.com/content/dam/productfacts/us/productDetails/ProductImages/PDP_Coca-Cola-HFCS-1-Liter-Bottle.png" />
         <pubDate>2017-02-17 19:44:56 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154687798</guid>
      </item>
      <item>
         <title>5. Profit Motive</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154688844</link>
         <description><![CDATA[<div>Gas is boiled off first and rather than throwing away the rest, companies will collect the diesel fuel after for more profit.</div>]]></description>
         <enclosure url="https://www.google.com/imgres?imgurl=http%3A%2F%2Fpreviews.123rf.com%2Fimages%2Fpondshots%2Fpondshots0805%2Fpondshots080500016%2F3098333-Gas-and-Diesel-prices-keep-going-up-Diesel-hits-5-dollars-a-gallon--Stock-Photo.jpg&amp;imgrefurl=http%3A%2F%2Fwww.123rf.com%2Fphoto_3098333_gas-and-diesel-prices-keep-going-up-diesel-hits-5-dollars-a-gallon.html&amp;docid=-r3Q0smjxTIn_M&amp;tbnid=WWU46ZU9SY-8PM%3A&amp;vet=1&amp;w=1300&amp;h=866&amp;client=safari&amp;bih=769&amp;biw=1151&amp;q=gas%20and%20diesel&amp;ved=0ahUKEwjf47WW85fSAhWEMGMKHXdFBbgQMwg3KAUwBQ&amp;iact=mrc&amp;uact=8" />
         <pubDate>2017-02-17 19:49:14 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154688844</guid>
      </item>
      <item>
         <title>6. Diminishing Marginal Utility.</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154690287</link>
         <description><![CDATA[<div>I ate so many pizza rolls that I no longer wanted to eat or buy them any more.</div>]]></description>
         <enclosure url="https://www.google.com/imgres?imgurl=https%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fen%2Fa%2Fa4%2FPepperoni_Pizza_Rolls.jpeg&amp;imgrefurl=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FPizza_Rolls&amp;docid=BqlNCWMNMncb2M&amp;tbnid=UCzlQobZPFkO7M%3A&amp;vet=1&amp;w=300&amp;h=300&amp;client=safari&amp;bih=769&amp;biw=1151&amp;q=pizza%20rolls&amp;ved=0ahUKEwiOjYzH9JfSAhXDjVQKHfbkDmcQMwhnKAAwAA&amp;iact=mrc&amp;uact=8" />
         <pubDate>2017-02-17 19:55:42 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154690287</guid>
      </item>
      <item>
         <title>7.  Connected to School.</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154691388</link>
         <description><![CDATA[<div>Eating breakfast or lunch during school will help productivity for a while, but too much food will make you lethargic and inefficient. </div>]]></description>
         <enclosure url="https://www.google.com/imgres?imgurl=http%3A%2F%2Fichef-1.bbci.co.uk%2Fnews%2F660%2Fcpsprodpb%2F1325A%2Fproduction%2F_88762487_junk_food.jpg&amp;imgrefurl=http%3A%2F%2Fwww.bbc.com%2Fnews%2Ftechnology-35803532&amp;docid=0LilUy8GPWpmhM&amp;tbnid=T8r-zIhXdrdO5M%3A&amp;vet=1&amp;w=660&amp;h=371&amp;client=safari&amp;bih=769&amp;biw=1151&amp;q=food&amp;ved=0ahUKEwiN4dHl9ZfSAhVBIWMKHdNgBi0QMwh5KAAwAA&amp;iact=mrc&amp;uact=8" />
         <pubDate>2017-02-17 20:00:37 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154691388</guid>
      </item>
      <item>
         <title>8. Inelastic Demand.</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154693580</link>
         <description><![CDATA[<div>Most people buy socks even if the price differs will stay inelastic.</div>]]></description>
         <enclosure url="https://www.google.com/imgres?imgurl=https%3A%2F%2Fwww.londonsockcompany.com%2Fdashboard%2Fwp-content%2Fuploads%2F2016%2F09%2FMicro-dot-Grey-Green-720x863.jpg&amp;imgrefurl=https%3A%2F%2Fwww.londonsockcompany.com%2Fshop%2F&amp;docid=BaezkqRs3M3PlM&amp;tbnid=_CWe1Pe5dXzhNM%3A&amp;vet=1&amp;w=720&amp;h=863&amp;client=safari&amp;bih=769&amp;biw=1151&amp;q=socks&amp;ved=0ahUKEwiGwuzj95fSAhVV5WMKHSP_AnIQMwiMASgJMAk&amp;iact=mrc&amp;uact=8" />
         <pubDate>2017-02-17 20:10:02 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154693580</guid>
      </item>
      <item>
         <title>9.  Inelastic Demand Service.</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154694250</link>
         <description><![CDATA[<div>Electricians are inelastic because if they raise the price, people will still pay because people want their electricity to work.</div>]]></description>
         <enclosure url="http://cityofmarblehill.com/wp-content/uploads/2016/11/electrician.jpg" />
         <pubDate>2017-02-17 20:13:18 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/154694250</guid>
      </item>
      <item>
         <title>10.  Elastic Good</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155038638</link>
         <description><![CDATA[<div>Diamond rings would be purchased less if a large increase on the price was made.</div>]]></description>
         <enclosure url="http://image.brilliantearth.com/media/shape_images/92/BE1M64_round_8mm_white_top.jpg" />
         <pubDate>2017-02-21 01:06:31 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155038638</guid>
      </item>
      <item>
         <title>11. Elastic Service </title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155038921</link>
         <description><![CDATA[<div>A Chauffeur is a luxury of a service that is unnecessary and if the price increased, less people would have one.</div>]]></description>
         <enclosure url="http://epykomene.com/epyblog/wp-content/uploads/2013/09/chauffeur-priv%C3%A9.jpg" />
         <pubDate>2017-02-21 01:09:24 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155038921</guid>
      </item>
      <item>
         <title>12.  Inelastic Demand</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155039855</link>
         <description><![CDATA[<div>T shirts would still be regularly bought if the price changed because people want clothes on their back, especially with the weather being warmer,.</div>]]></description>
         <enclosure url="https://upload.wikimedia.org/wikipedia/commons/thumb/2/24/Blue_Tshirt.jpg/220px-Blue_Tshirt.jpg" />
         <pubDate>2017-02-21 01:19:37 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155039855</guid>
      </item>
      <item>
         <title>13.  Elastic Supply.</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155326853</link>
         <description><![CDATA[<div>When people thought that Hillary Clinton was going to win and ban ar-15 rifles, many people bought semi automatic firearms in case they did become illegal to buy in the future.</div>]]></description>
         <enclosure url="http://blog.cheaperthandirt.com/wp-content/uploads/2015/01/Mossberg-MMR.jpg" />
         <pubDate>2017-02-21 23:35:14 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155326853</guid>
      </item>
      <item>
         <title>14.  Inelastic Supply</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155326992</link>
         <description><![CDATA[<div>Potatoes from farms are more seasonal, and if it was a season where farmers weren't producing many potatoes, then the supply would be inelastic.</div>]]></description>
         <enclosure url="http://babylonbee.com/wp-content/uploads/2016/02/potatoes-411975_640.jpg" />
         <pubDate>2017-02-21 23:36:49 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155326992</guid>
      </item>
      <item>
         <title>15.  Change of elasticity.</title>
         <author>jcsevy17</author>
         <link>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155327806</link>
         <description><![CDATA[<div>McDonald's robots that take your order and let you pay are changing the elasticity of fast food workers because it is cutting jobs, and making the job more inelastic.</div>]]></description>
         <enclosure url="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/04/28/20160429_mcd.jpg" />
         <pubDate>2017-02-21 23:44:38 UTC</pubDate>
         <guid>https://padlet.com/jcsevy17/fkezpmar05jh/wish/155327806</guid>
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