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AP Micro

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  • Determinate of Demand: Output Price
  • Nah son here tho
  •  Ye Frank's Iron
  • Come here
  • Determinate of Demand: Technological Change
  • oh dear lord christ how will I feel my family now
  • haha! The wheel has made me a man of wealth!
  • Determinate of Demand: The Supply of Other Factors
  • With the price of iron tools at an all-time high, blacksmith firms are popping up and hiring more workers.
  • Determinate for Supply: Changes in Taste
  • I'll cut your hair
  • With the invention of the wheel, it replaced some squires who were hired to push things by hand, BUT, it also created a market for jobs of the geniuses who knew how to use it.
  • Determinate for Supply: Changes in Alternative Opportunities
  • I'll cut your hair
  • I should have gotten here before the new kids! Darn.
  • The Royal Family and residents, whose supply is labor, effects the kingdom as a firm. If the King, (with everyone else who had the plague) is dead, the supply to the kingdom is low, then the demand for exports by the kingdom is low. 
  • Determinate for Supply: Immigration
  • Sorry Ma'am we're not hiring, we have more than enough workers. Thank you!
  • Ever since the local celebrity Joane Jones said icecream is "cool", everyone has been flocking to them left and right, and the parlors have been making up for it in major supply.
  • The hairdressers in the few parlors in town have gotten a significant pay raise. This has led to more people applying and going into the hairdressing field.
  • I'll cut your hair
  • The two high schools combined into one school. On the side of town that the school is on, an immigration of students looking for work after school has caused an increase in supply of labor.
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