Price of Roses before Mother’s Day

15 10 2009

Market Mechanism VideoPeople who supply roses supply a specific amount year round. But, at mothers day, more people want roses and are willing to pay more for them.  Therefore, the demand curve shifts rightward while the supply curve stays the same causing an increase in price.


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16 10 2009
Mothers

[…] Price of Roses before Mother's Day « Amber's Economic Blog […]

17 10 2009
Online Stock Trading

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