What we learned this week.

This week we learned about Math and the pain it can inflict on the mind. We also learned that elasticity is weird, such as how the factors of income and market size can greatly influence how many people buy a certain amount of something. This will help us in the learning process by giving us something to measure profits with.

Let it snow, Let it curve, Demand away!

This week in Economics, we learned two important things: that snow can seriously shorten a week, and that Demand isn't completely black and white. Demand isn't just wanting something as I thought. Demand is wanting something and then being able to pay for it. So if I say that I have a demand for some snow, that is incorrect. I don't think God accepts VISA or Master Card... I think this demand and demand curve will help us find a way to get Weserville out there through advertisement. The question is "what do the people have in demand that Weserville has?"