Wednesday, September 23, 2009

Reflection On Demand

Part one: 5 Purchases that I've made is a Gatorade at the soccer game because I was thirsty, A shirt from the mall because i liked it, A necklace because I like hello kitty, a taco from taco bell because I was hungry, and a dress for homecoming because I need one for the dance.
Part two: 10 goods or services that are in great demand is An ipod, touch mobile phones, skinny jeans, high top shoes, hand sanitizer, polo style shirts, the doctors office, social networks, music downloads, wireless PCs. These are all common because they're all very popular and people are excessively buying them right now, or they need the service right now.
Part three:A time in my life where i used the substitution effect was when I was using this stuff called Shine in my hair for when i wear ponytails and it cost $3.75 and it worked just as well as this stuff called Jam but it cost like $2.07 and the jars had the same volume so since the jam was cheaper that's what I started buying.

1 comment:

Mr. Patty said...

Good - just get those screen shots posted of your demand curves..!

Mr. P