Demand Elasticity

1. A Box of Matches - Inelastic. Matches do not cost much money. More people tend to purchase
lighters because they are easier to light and come in handy for things
(ie. smoking, power outage)

2. A Luxury Holiday - Elastic. People have varied ideas of luxurious places to go. The weather
can also have an influence on what you do or where you go.

3. Heinz Baked Beans - Inelastic. Since some consumers have an addiction to beans, they will
tend to be inelastic, plus they might be purchased more during holidays.

4. Computers-Home Users - Inelastic. They are very important and necessary within the home.
Important things like financial records can be stored on them.

5. Computers- Business Users - Inelastic. Pretty much the same as Home Users. Plus,
computers at work are extremely important.

6. Cigarettes - Inelastic. They are addictive and can be considered a necessity. They will be
purchased more if the price goes down.

7. Elastic Bands - Elastic. Not important to have unless you need to hold rolled up papers
together.





Evisu Genes Flare Cut Jeans - $250.00
Carhartt Relaxed Fit Jeans - $27.00

These brands of jeans differ in price because of the maker of the jeans. Ones with more modernized names tend to be more expensive than regular sounding names. Also the style of jeans also play a role in the price. Also a more recognizable name tends to be more expensive, usually.

North Korea Situation

Well it appears that North Korea blew off one of their nukes in a testing area. The terror alert is probably rising and people i can imagine are beginning to freak out. But i say, its not a big threat. I mean yeah, North Korea hates us and has threatened us not just now, but in the past as well. I think in todays world it is hard get away with things as small as lets say a robbery or as large as, well like a nuclear bombing. There are nukes pointed at other countries all over the globe. Now that North Korea has just tested their bomb, we most likely have a few pointed at them. Lets just say that Kim pushes the button today, as soon as that happens, we will push our button that is pointing at them. (Hey, we wont go without a fight, even if we wont see the outcome.) Now there are other countries that support us, mainly for monetary purposes. Ill bet they will get ticked off and attack or fire nukes at North Korea as well. And vice versa with the allies of North Korea against us. The long lasting affects of launching a nuke will cause the environmentalists to go into a huge uproar, if they are any left. The skies will be polluted, animals and trees will die. There could be mass revolts against the government all over the globe. The aftermath of a nuclear war doesn't just involve the two warring countries, but the rest of the world too. Now ofcourse all of this is a "what if" and is my opinion. I don't think Kim Jong-Il is crazy enough to push the button. Ofcourse i could be wrong. I remember reading in the Buffalo News last year that Kim Jong-Il publically announced his hatred towards Bush. Ofcourse i might be mistaken, but im pretty sure of it. So if you are worried that this winter will be nuclear winter, i say don't count on it.