take your stupid fucking thesaurus and stick it up your ass. In this case, demand does equal consumption. People arent buying gas and storing it. They buy it and IMMEDIATELY use it. I dont know if you’ve ever witnessed it, but people even pump the gas directly into their cars! Its unreal! :rolleyes:
So if all of the sudden a busload full of pregnant teenagers pull up, and they buy the store out of Ben and Jerry’s ice cream, then the next day the price of Ben and Jerry’s is 25% higher? Nope. Sorry. Not how it works. Prices soared because of a shortage on the supply end. And the rush to the pump was in ANTICIPATION for this price hike. Which means it was ALREADY FUCKING COMING. :greddy:
you’re a goddamn retard if you think a couple of helicopters flying around is raising the national gas prices. Fuck, if that was the case, every time there was an airshow somewhere across the country gas would go up.
if you say so sweetheart. Just because im critical of a war that is killing our kids for no reason means that I wouldnt support/participate in a war that is actually noble and necessary.
no fuck. So just because they voluenteered to be in the army that means we shouldnt value their lives? We should just use them as we fucking please because its ok if they die because they werent drafted? Thats a hell of a way to look at it.
a couple? are you a fucking idiot or are you fucking high? Chirst you stupid mother fucker the military isn’t the only one going down their with aircraft
As for storing PEOPLE ARE DOING THAT YOU FUCKING COCK SUCKER! People are filling up their tanks and then taking cans as well.
Don’t be fucking pissed that your pot smoking ass if plain fucking wrong with this consumption demand bullshit. Go back to school and learn somthing more than how to piss people off and be a opposing asshole on everything.
Cliffnotes
Sonny has been and is right about demand, Darkstar is a fucking tool as usual…
Here faggot read this shit if you can clear your eyes for a fucking moment…
You can replace Potatos with pot if it will help your dumb ass understand it better.
Demand
Demand is that quantity of a good that consumers are not only willing to buy but also have the capacity to buy at the given price. For example, a consumer may be willing to purchase 2 lb of potatoes if the price is $0.75 per lb. However, the same consumer may be willing to purchase only 1 lb if the price is $1.00 per lb. A demand schedule can be constructed that shows the quantity demanded at each given price. It can be represented on a graph as a line or curve by plotting the quantity demanded at each price. It can also be described mathematically by a demand equation. The main determinants of the quantity one is willing to purchase will typically be the price of the good, one’s level of income, personal tastes, the price of substitute goods, and the price of complementary goods.
Supply
Supply is the quantity that producers are willing to sell at a given price. For example, the potato grower may be willing to sell 1 million lb of potatoes if the price is $0.75 per lb and substantially more if the market price is $0.90 per lb. The main determinants of supply will be the market price of the good and the cost of producing it. In fact, supply curves are constructed from the firm’s long-run cost schedule.
When more people want something, the quantity demanded at all prices will tend to increase. This can be referred to as an increase in demand. The increase in demand could also come from changing tastes, where the same consumers desire more of the same good than they previously did. Increased demand can be represented on the graph as the curve being shifted right, because at each price point, a greater quantity is demanded. An example of this would be more people suddenly wanting more coffee. This will cause the demand curve to shift from the initial curve D0 to the new curve D1. This raises the equilibrium price from P0 to the higher P1. This raises the equilibrium quantity from Q0 to the higher Q1. In this situation, we say that there has been an increase in demand which has caused an extension in supply.
Conversely, if the demand decreases, the opposite happens. If the demand starts at D1 and then decreases to D0, the price will decrease and the quantity supplied will decrease—a contraction in supply. Notice that this is purely an effect of demand changing. The quantity supplied at each price is the same as before the demand shift (at both Q0 and Q1). The reason that the equilibrium quantity and price are different is the demand is different.
A supply shock is an event that suddenly changes the price of a commodity or service. It may be caused by a sudden increase or decrease in the supply of a particular good. This sudden change affects the equilibrium price.
A negative supply shock (sudden supply decrease) will raise prices and shift the aggregate supply curve to the left. A negative supply shock can cause stagflation due to a combination of raising prices and falling output.
A positive supply shock (an increase in supply) will lower the price of said good and shift the aggregate supply curve to the right. A positive supply shock could be an advance in technology (a technology shock) which makes production more efficient, thus increasing output.
An example of a negative supply shock is the increase in oil prices during the 1973 energy crisis
if WW2 broke out in 2000, i would have gone straight to Europe to kill Nazis, or to the Pacific to fight the Japanese. if the war of 1812 was the war of 2000, and the British were burning down Southern cities, I’d be down there fucking up limeys for Uncle Sam.
if we’re replacing one dictator for an oppressive muslim theocratic representative republic thinly veiled behind a guise of democracy, i’m protesting it until the draft is reinstated… then?
O Canada!
Our home and native land!
True patriot love in all thy sons command.
With glowing hearts we see thee rise,
The True North strong and free!
From far and wide,
O Canada, we stand on guard for thee.
God keep our land glorious and free!
O Canada, we stand on guard for thee.
O Canada, we stand on guard for thee.