https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead en-us 2023-02-27 21:24:31 UTC 2023-03-30 20:40:14 UTC hello@padlet.com dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497055808 Understanding supply and demand allows us to be better informed members of our economy. Understanding supply and demand also lets us understand why changes in the economy happen.]]> 2023-02-27 21:26:01 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497055808 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497060671 I found a vending machine that sold cans of soda for 50 cents each. Since the price was lowered, I bought more (demand went up).]]> 2023-02-27 21:31:45 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497060671 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497062994 After I got a job, I had more money. I when then willing to spend that money to buy new racing shoes.]]> 2023-02-27 21:34:05 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497062994 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497066850 Since Kellogg's corn flakes were more expensive, I opted to buy the less expensive store brand corn flakes. ]]> 2023-02-27 21:38:26 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497066850 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497069660 After buying a large fries from Wendy's, I found that by the time I get near the end my stomach is unhappy and I don't even want to finish the rest. Because of this, I now buy only the medium, since my enjoyment from the extra fries has diminished.]]> 2023-02-27 21:42:14 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497069660 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497071079 Car insurance has inelastic demand, since no matter what the price may be, you have to have it. Even though I hate to spend that much money on insurance, I do it anyways.]]> 2023-02-27 21:44:02 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497071079 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497072142 I need gas for my car to function, no matter what the cost, so I'll buy gas regardless.]]> 2023-02-27 21:45:27 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497072142 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497078187 Gum is an elastic good that I buy. If it's all too expensive, then I just don't bother, but it it's cheap, I might get some.]]> 2023-02-27 21:49:19 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497078187 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497083535 If haircuts are too expensive, I might just let my hair grow longer.]]> 2023-02-27 21:56:04 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2497083535 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538926805 As summer approaches, the demand for sunglasses will likely rise and the price might increase. If the price increases, supplier will supply more sunglasses.]]> 2023-03-30 20:24:22 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538926805 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538931211 Paper comes from trees, though they probably don't use all of the tree to just make paper. But, to make more profit, they likely use the other parts of the remains to make other products like pencils maybe.]]> 2023-03-30 20:30:17 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538931211 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538932136 Everyone wanted a fidget spinner, and suppliers were able to meet the demand due to the simple and cheap production.]]> 2023-03-30 20:31:32 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538932136 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538933860 College education is very inelastic and something that I want but don't want to go into tone of debt to get.]]> 2023-03-30 20:33:52 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538933860 dsh3a4d42 https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538938903 Computers have become more elastic over time as they have become more available to the average person while when they first were created there were only a few and very expensive.]]> 2023-03-30 20:40:14 UTC https://padlet.com/dsh3a4d42/hm1t76nh4yn05ead/wish/2538938903