Supply and Demand

Supply and Demand

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  • Juan's hardware is giving hammers for $2
  • We got ours for $1 too. 
  • Just got one at Jose's for $1.
  • Miguel says prices are going up. $3
  • Benito just bought one for $5.
  • Julio just paid $6 at Juan's. His supply is running out. He has a shortage.
  • Amanda says Jose's is losing business. He is charging to much.
  • Chad took his back to get a refund.
  • Jose cancelled an order. He was running out of hammers. 
  • They better go back to ECO and learn their equilibrium price.
  • Jose has a surplus. Those hammers he ordered came in.
  • Everyone is getting hammers again. Juan lowered his price to $3.
  • Yeah, Jose just lowered his too. I guess the supply came just in time for the demand.
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