Tuesday, March 25, 2008

You know you are taking Economics when....

You are at Target shopping for a particular item and decide not to buy the brand you were orginally going to purchase, but instead buy the one that is on sale...and then actually think....wow... because I made the decision to purchase this product based on price...this means this product is an elastic product.

For those of you trying to remember the difference...elastic products are affected by a change in price (like a brand of soap) and inelastic products are not affected by a change in price (like gas)

At this point...no one is reading my blog as you are all very bored. :)

1 comment:

Valerie said...

That's pretty funny!!! =)