Bodybuilding.com Information Motivation Supplementation
in:

    The World’s #1 Bodybuilding And Fitness Forum - Save Up To 50% Off Retail Prices In Our Bodybuilding.com Store!

Reply
Page 1 of 4 1 2 3 ... LastLast
Results 1 to 30 of 93
  1. #1
    Registered User Drzman's Avatar
    Join Date: Aug 2006
    Age: 27
    Posts: 2,006
    Rep Power: 773
    Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000)
    Drzman is offline

    Question Mircroeconomics question (serious)

    Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, what happens to the market for ketchup? For tomatoes? For tomato juice? For orange juice?

    Ketchup, tomatoes, and tomato juice rises

    what happens to orange juice?
    Reply With Quote

  2. #2
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    decreases because people are buying tomato juice instead.
    Reply With Quote

  3. #3
    Registered User hockeyplaya20's Avatar
    Join Date: May 2005
    Location: Illinois
    Age: 25
    Stats: 6'0", 185 lbs
    Posts: 1,082
    BodyPoints: 2111
    Rep Power: 30
    hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000) hockeyplaya20 is a splendid one to behold. (+10000)
    Visit hockeyplaya20's BodySpace
    hockeyplaya20 is offline
    orange juice should stay the same since there was no mention of it in the problem
    Reply With Quote

  4. #4
    Registered User Drzman's Avatar
    Join Date: Aug 2006
    Age: 27
    Posts: 2,006
    Rep Power: 773
    Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000)
    Drzman is offline
    Originally Posted by bbacn123 View Post
    decreases because people are buying tomato juice instead.
    wrong. If tomato juice rises, people will buy less, not more since it costs more.

    I also believe price remains the same but demand increases
    Reply With Quote

  5. #5
    That guy sublime99212's Avatar
    Join Date: Jul 2006
    Location: Dayton
    Age: 25
    Stats: 6'0", 174 lbs
    Posts: 497
    BodyPoints: 907
    Rep Power: 72
    sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000) sublime99212 has a brilliant future. Third best rank! (+40000)
    Visit sublime99212's BodySpace
    sublime99212 is offline
    in teh model you hae to assume ALL other factors stay the same. that being said, since more money overall will be spent on tomoto stuff, that will leave less capitol for anything else. therefore demand drops for OJ.
    Reply With Quote

  6. #6
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    price raises quanity is lower for demand

    price raises supply raises
    Reply With Quote

  7. #7
    Registered User Drzman's Avatar
    Join Date: Aug 2006
    Age: 27
    Posts: 2,006
    Rep Power: 773
    Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000)
    Drzman is offline
    Originally Posted by sublime99212 View Post
    in teh model you hae to assume ALL other factors stay the same. that being said, since more money overall will be spent on tomoto stuff, that will leave less capitol for anything else. therefore demand drops for OJ.
    completely wrong. all things being equal since ketchup is a complement to hot dogs, it's price will rise with hot dogs and the demand will decrease. Tomatoes and tomato juice prices will also rise and price decreases. Since OJ is a substitute to tomato juice, demand increases since tomato juice price rises.
    Reply With Quote

  8. #8
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by Drzman View Post
    wrong. If tomato juice rises, people will buy less, not more since it costs more.

    I also believe price remains the same but demand increases
    yeah i kinda read that wrong, i thought demand was increasing for the tomato juice. sorry about that.
    Reply With Quote

  9. #9
    Registered User fanatiX87's Avatar
    Join Date: Sep 2005
    Age: 27
    Stats: 6'0", 210 lbs
    Posts: 888
    BodyPoints: 1164
    Rep Power: 31
    fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000)
    Visit fanatiX87's BodySpace
    fanatiX87 is offline
    Originally Posted by Drzman View Post
    wrong. If tomato juice rises, people will buy less, not more since it costs more.

    I also believe price remains the same but demand increases
    so, less people buy tomato juice to push it's price up? and how can the price stays the same if more people are demanding for it?
    Reply With Quote

  10. #10
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by Drzman View Post
    Ketchup, tomatoes, and tomato juice rises
    Wouldnt demand for ketchup decrease due to the rise in hot dog price rises?
    Reply With Quote

  11. #11
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    Originally Posted by Drzman View Post
    completely wrong. all things being equal since ketchup is a complement to hot dogs, it's price will rise with hot dogs and the demand will decrease. Tomatoes and tomato juice prices will also rise and price decreases. Since OJ is a substitute to tomato juice, demand increases since tomato juice price rises.


    NICE
    Reply With Quote

  12. #12
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    Originally Posted by bbacn123 View Post
    Wouldnt demand for ketchup decrease due to the rise in hot dog price rises?


    no because the price will rise in ketchup as well
    Reply With Quote

  13. #13
    Registered User Drzman's Avatar
    Join Date: Aug 2006
    Age: 27
    Posts: 2,006
    Rep Power: 773
    Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000) Drzman has a reputation beyond repute. Second best rank possible! (+100000)
    Drzman is offline
    Originally Posted by bbacn123 View Post
    Wouldnt demand for ketchup decrease due to the rise in hot dog price rises?
    i meant price rises. sorry about that confusion

    as for fanatix, since tomatoes cost more, producing tomato juice will cost more and people will buy less since when the price of an item increases, you buy less of it. Instead they will buy more orange juice because its a substitute product.

    would you buy a panasonic tv that went from 500$ to 750$ or buy the sony tv that remains at 500$?
    Last edited by Drzman; 01-24-2007 at 08:55 PM.
    Reply With Quote

  14. #14
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    I dont think anything happens to tomato juice or tomatoes. They dont have anything to do with hotdogs price rising. only ketchup should be affected. anyone else see this logic?
    Reply With Quote

  15. #15
    Registered User fanatiX87's Avatar
    Join Date: Sep 2005
    Age: 27
    Stats: 6'0", 210 lbs
    Posts: 888
    BodyPoints: 1164
    Rep Power: 31
    fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000) fanatiX87 has much to be proud of. One of the best! (+20000)
    Visit fanatiX87's BodySpace
    fanatiX87 is offline
    you could say people will buy less, but, the large demands could be one of the reason why the price has gone up
    Reply With Quote

  16. #16
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by NiNjA WhaT?! View Post
    no because the price will rise in ketchup as well
    yeah ketchup price rises, so demand decreases, thats what i was saying.
    Reply With Quote

  17. #17
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    Originally Posted by bbacn123 View Post
    I dont think anything happens to tomato juice or tomatoes. They dont have anything to do with hotdogs price rising. only ketchup should be affected. anyone else see this logic?


    how is ketchup made in your eyes....im interested
    Reply With Quote

  18. #18
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by Drzman View Post
    as for fanatix, since tomatoes cost more, producing tomato juice will cost more and people will buy less since when the price of an item increases, you buy less of it. Instead they will buy more orange juice because its a substitute product.

    Who says tomato are costing more? did i miss part of the problem or something. i thought only hot dog prices rose?
    Reply With Quote

  19. #19
    (No Homo) beckham23's Avatar
    Join Date: Aug 2006
    Location: Wyoming, United States
    Age: 27
    Stats: 5'9", 210 lbs
    Posts: 1,956
    BodyPoints: 5865
    Rep Power: 570
    beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000)
    Visit beckham23's BodySpace
    beckham23 is offline
    Originally Posted by bbacn123 View Post
    I dont think anything happens to tomato juice or tomatoes. They dont have anything to do with hotdogs price rising. only ketchup should be affected. anyone else see this logic?
    ya i had a micro class with ? like this and said that only ketchup demand will rise the others will stay the same since hotdogs dont have anything to do with them
    Reply With Quote

  20. #20
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by NiNjA WhaT?! View Post
    how is ketchup made in your eyes....im interested
    they are made with tomatos, but tomatoes price isnt raising, so what does it have to do with anything?
    Reply With Quote

  21. #21
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by beckham23 View Post
    ya i had a micro class with ? like this and said that only ketchup demand will rise the others will stay the same since hotdogs dont have anything to do with them
    I actually had micro last semester, and got an A. You can tell I havent learned sh*t though if im having so much trouble with this problem.
    Reply With Quote

  22. #22
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    Originally Posted by beckham23 View Post
    ya i had a micro class with ? like this and said that only ketchup demand will rise the others will stay the same since hotdogs dont have anything to do with them


    yes but that means supply will rise as well for making ketchup, since demand is greater

    so they will raise price in tomatoes because supply is raised
    Reply With Quote

  23. #23
    (No Homo) beckham23's Avatar
    Join Date: Aug 2006
    Location: Wyoming, United States
    Age: 27
    Stats: 5'9", 210 lbs
    Posts: 1,956
    BodyPoints: 5865
    Rep Power: 570
    beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000) beckham23 has a reputation beyond repute. Second best rank possible! (+100000)
    Visit beckham23's BodySpace
    beckham23 is offline
    Originally Posted by bbacn123 View Post
    I actually had micro last semester, and got an A. You can tell I havent learned sh*t though if im having so much trouble with this problem.
    mine was last year i remember some and got an A then found out that i have to take introduction to micro and macro because the micro class wont count even though its the same just an upper divsion class
    Reply With Quote

  24. #24
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    Originally Posted by bbacn123 View Post
    they are made with tomatos, but tomatoes price isnt raising, so what does it have to do with anything?

    demand has too meet supply its an equallibrium
    Reply With Quote

  25. #25
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by NiNjA WhaT?! View Post
    yes but that means supply will rise as well for making ketchup, since demand is greater

    so they will raise price in tomatoes because supply is raised
    They wont raise it if people arent buying it. They will lower price because they excess supply and need to get rid of it to get everything back to equilibrium.

    I think this stuff is starting to come back to me now.
    Reply With Quote

  26. #26
    Registered User Bob_Ross42's Avatar
    Join Date: Feb 2006
    Stats: 5'9", 170 lbs
    Posts: 7,354
    BodyPoints: 17431
    Rep Power: 580
    Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000) Bob_Ross42 has a reputation beyond repute. Second best rank possible! (+100000)
    Visit Bob_Ross42's BodySpace
    Bob_Ross42 is offline
    piitb
    Reply With Quote

  27. #27
    Banned NiNjA WhaT?!'s Avatar
    Join Date: Jan 2007
    Location: arizona
    Age: 25
    Posts: 263
    BodyPoints: 306
    Rep Power: 0
    NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank) NiNjA WhaT?! is the lowest scum of the boards. (Worst Rank)
    Visit NiNjA WhaT?!'s BodySpace
    NiNjA WhaT?! is offline
    Originally Posted by bbacn123 View Post
    They wont raise it if people arent buying it. They will lower price because they excess supply and need to get rid of it to get everything back to equilibrium.

    I think this stuff is starting to come back to me now.


    if demand in ketchup is raised, and people are buying ketchup...dont you think them needing ketchup supply will raise?
    Reply With Quote

  28. #28
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by NiNjA WhaT?! View Post
    demand has too meet supply its an equallibrium
    im not sure what you are trying to say.....

    Tomatoes arent going anywhere, people are still going to buy the same amount of tomatoes (and T-Juice) as they normally do. Only ketchup prices change. And those prices will decrease because there will be an excess of supply as i stated in the last post.

    Tomatoes and the T-juice are still being consumed regularly, the number bought before the increase in hot dog price will be the same after, so changing price for either of them would upset equilibrium.
    Reply With Quote

  29. #29
    Registered User jms944's Avatar
    Join Date: Feb 2006
    Location: pa
    Age: 29
    Stats: 6'2", 197 lbs
    Posts: 3,258
    BodyPoints: 9576
    Rep Power: 804
    jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000) jms944 has a reputation beyond repute. Second best rank possible! (+100000)
    Visit jms944's BodySpace
    jms944 is offline
    Originally Posted by Drzman View Post
    Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, what happens to the market for ketchup? For tomatoes? For tomato juice? For orange juice?

    Ketchup, tomatoes, and tomato juice rises

    what happens to orange juice?
    question.......if the price of hotdogs rises, people well buy less hot dogs right??? so less ketchup well be bought, bc it is a complement to hotdogs like you said...so there well be more tomatoes available for tomato juice and so the price of tomatoes and tomato juice FALLS SO YOUR FIX YOUR QUESTION FIRST!!!!
    Previous Logs:
    Massfx Jungle Warfare Log
    http://forum.bodybuilding.com/showthread.php?t=4778203

    PALO ALTO LABS INCARNATE LOG!!:http://forum.bodybuilding.com/showthread.php?t=2068201
    owe reps to:GOTTA SPREAD

    pats/steel
    repos-
    Greg1983-
    houston:
    carpathia
    B_P_Spin


    RIP #21
    Reply With Quote

  30. #30
    Banned bbacn123's Avatar
    Join Date: Dec 2006
    Location: Cumming, Georgia, United States
    Age: 27
    Stats: 5'10", 180 lbs
    Posts: 43,793
    BodyPoints: 18955
    Rep Power: 0
    bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000) bbacn123 has reached the pinnacle! Best possible rank! (+1000000)
    Visit bbacn123's BodySpace
    bbacn123 is offline
    Originally Posted by NiNjA WhaT?! View Post
    if demand in ketchup is raised, and people are buying ketchup...dont you think them needing ketchup supply will raise?
    Demand in ketchup is decreasing. I think this is where you are confused. The price in hot dogs increases, meaning less will be bought. ketchup (its complement) will also be less demanded because of this. So people are buying less ketchup, causing excess supply. thats about as clear as i can get it. hope that helps.
    Reply With Quote

Reply
Page 1 of 4 1 2 3 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Home Store Products Careers Help Contact Us Terms of Use Checkout