https://padlet.com/djm3f24d1/ou5kt517xfybycdt en-us 2023-03-01 16:43:20 UTC 2023-03-31 14:57:35 UTC hello@padlet.com djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499845600 This is a great example of supply and demand because before i bought this hat it was selling for around 100 dollars because there was a very high demand and a small supply. i ended up buying the hat for 50$ because the demand was much lower.]]> 2023-03-01 16:47:57 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499845600 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499860865 When i got my job waiting tables i bought a lot more shoes. this is an example of the income effect because i had more money to spend so i bought more shoes.]]> 2023-03-01 16:57:21 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499860865 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499863810 If i am going to the store to get an Arizona ice tea and they are all out, i will normally get a peace tea as a substitute.]]> 2023-03-01 16:59:16 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499863810 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499867683 I bought a bulk supply of cheese itz at sams club and ate all of them. The more cheese itz i ate the less i wanted them which makes it an example of marginal utility]]> 2023-03-01 17:01:48 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499867683 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499870926 gasoline is a product with inelastic demand because no matter how much it costs chances are most people are still going to drive themselves places.]]> 2023-03-01 17:03:57 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499870926 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499873285 Getting a haircut is an example of a service with inelastic demand because even if it costs a lot of money most people will still be getting their hair cut.]]> 2023-03-01 17:05:29 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499873285 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499875490 sodas are an example of an elastic good because people will not buy them if the price rises too high.]]> 2023-03-01 17:06:58 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499875490 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499877726 golfing is a service with elastic demand because if they raised their prices to an extreme height most people wouldn't pay for the golf.]]> 2023-03-01 17:08:31 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2499877726 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539983592 it is starting to get warmer and closer to summer time so suppliers will be supplying more sunglasses.]]> 2023-03-31 14:44:21 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539983592 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539986120 if the profit motive is really high the waste of bananas will be low because they have a low shelf life]]> 2023-03-31 14:46:27 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539986120 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539990718 this isn't really recently but there was a huge amount of people that wanted these and plenty of supplier to make them because they are so cheap]]> 2023-03-31 14:50:14 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539990718 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539994040 Travis Scott shoes are something i want but cant have because no matter hoe much demand or price change there is they wont supply more]]> 2023-03-31 14:52:47 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539994040 djm3f24d1 https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539999268 advancements in technology have made bikes a lot easier to make because instead of making them by hand there are thousands of machines that will make them for you]]> 2023-03-31 14:57:12 UTC https://padlet.com/djm3f24d1/ou5kt517xfybycdt/wish/2539999268