Showing posts with label supply. Show all posts
Showing posts with label supply. Show all posts

Wednesday, June 17, 2009

Eco footprint diary




















In class we have been looking eco footprints and how we could reduce our own.
Heres a site that calculates your eclogical footprint http://www.earthday.net/footprint/
We decided that we have to come up with three things that we would do to reduce it.
here are my three things:

I will recycle more

I will have shorter showers and sometimes have cold ones

and I will also buy energy saving light bulbs

Wednesday, May 20, 2009

Supply and demmand

In Economics there are two main things. Supply and demand. As you can see in this graph there is a meeting point this is called the equilibrium point. When the demand for something goes up the producer can sell this item for a high price and will probably make more which will increase the supply. So when in the market business the supply and demand for the supplier to make lots of money.