30th birthday

i'll probably be dead by then.







just kidding!



So its my 30th birthday, and i'm starting to really feel old. I graduated high school a little over 10 years ago, and the economy is getting worst. Who's fault is it, that's up to you, but thousands of citizens have been laid off. Its harder and harder for citizens to find jobs, i have been very fortunate though to have two at the moment. Although most days it doesn't feel like its helping very much at all, being a single mother of two and all. Our government has tried to keep going with the same plan since i graduated, and our revenue hasnt gotten any better. I graduated with the economy 16.8 billion dollars in debt, and we are up to 19 billion today.
       Hopefully with the newly elected president, it will turn around. We are all so hopeful. There are 40 kids in my son's 2nd grade class, and only a handful of teachers in the entire school. The music and art programs have been cut entirely, which is a major influence on my daughter. Although she is only 5, she knows that we need art and music in society to make it though. Life is rough for everyone, i can only hope that these hard times and cuts will make it worth it in the end.

Demand Headlines

1. Complimentary- "Tim Tebow sponsors new local Hobby Town shop, model car and airplane sales skyrocket!"

2. Substitute- "Taco Bell wraps up more and more customers after the Mcdonalds E coli scare!"

3. Elastic- "As Oreo dunk in quality, sale prices crumble"

4. Inelastic- "Tire prices are rolling higher and higher, revving up angry costumers and empty wallets"
 With tires being the only way that cars are even remotely useful, no matter how high the cost, people will always be needing to buy them. Without tires people would have no way of getting to and from places, besides walking, and its sad to say but in today's society, no one is trying to walk anywhere.There is no substitution for tires either. Even buses need tires, and we cant just take the train everywhere. Do trains need tires too? Basically everything that moves needs tires.. I feel like i should stop saying "need tires" so much. But all in all, tires are the perfect inelastic item. If they get eliminated, then so do cars, and a lot of people would not be able to live their lives without a car or mode of transportation. When you really think about it, tires are what make the world go round. ;)

Changes in the Demand Enviroment

This is what i had in my drafts, i dont understand what i have to do for the rest of it, so i'll come talk to you next class

Opportunity Cost of Life

Every so often, Victoria Secret has shopping parties held at select stores. The parties consist of prizes, food, raffles, and sales. The next fashion party will be held this Sunday, February 10th, but unfortunately i have to work that. I had the decision of giving my shift up to someone else so i can go to the party, but if i give up my shift, i lose all the hours that i would get out of that day. If it were a regular couple hour shift, i would be totally fine with giving it up, but it is an abnormally lengthy shift which will be a big contributor to my paycheck.
        My opportunity cost of me going to the shopping party instead of taking my shift at work would be the drastic decline in my paycheck, but if i don't go to the party i miss out on the free giveaways and amazing sales that they will be having for that night only.. I'm such a girl, i know, its sad.