Friday, December 13, 2024

LAW OF SUPPLY & DEMAND

 Why there so much in demand for horror zombie movies and if ever the sequels never stop. Right? More movies are produce when it comes to suspense, mystery, horror movies that they are also being produced in television series.

There is an increase demand in FOODS and yet the price never goes down. WHY?

There is so much increase in demand when it comes to GAS & OIL. Did the price lowers? The answer is yes. From 2$/liter the price of gas is now $1.66/liter. Looks like they follow the law of supply and demand.

LAW OF SUPPLY & DEMAND IN MODERN ECONOMICS:

If the demand is high, the price is low.

If the price is high, the demand is low.

Ex.   The price of housing is TOO HIGH and nobody's buying. There are certain few who buys they are the banks, the new immigrants who are not aware of the present economic situation until they went bankrupt.

While the Canadians would rather live on tents to send the messages. Please not on balmy, frigid climate. Do it at Summer.

Are the price of vehicles affordable now? 

What else so pricey and unaffordable in Canada?

You know and I know.

What else is NEW?

Oh, tomorrow is the beginning of less tax off your bills (-5% only) when you go shopping. LOL.

 I don't know how would it create confusion and hysteria for some shoppers. I hope some people will be more alert and aware and hopefully it wont be chaotic and no cuckoos around to go berserk when their knowledge of the 5% OFF doesn't include some of their favourite products.

Let's hope for the best!

 


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