Draw a hypothetical supply curve for long-stem roses on Valentine’s Day. Label your graph completely. What would this look like? Thanks!! :)
haha sure lol :P sounds romantic let me see what i can do
haha okay thank you!! :)
ok im back , supply for long-stem roses on Valentine’s Day would rise , more than its usual supply , im i right ?
yes:)
in its normal sales let it be like this :- |dw:1414344004659:dw|
demand rises for sure
okay :)
wait so would demand rise, but supply stay constant? Or would it be like demand rises and supply rises too because of the increased demand?
since valentines day is not a natural disaster or some other unexpected event, supply will also rise artificially since suppliers will be prepared
not so sure though lol im not expert in economics
ahh haha okay thanks @ganeshie8 :)
oh , will demands will rise , but supply is static ( they cant bring roses from mars ) |dw:1414344222508:dw|
why draw tools button not work well ?
ahh haha okay and not sure! OS is laggy sometimes :( oh so those are the curves right?
any way this is what happen :- 1- demands high 2- supply curve shift right ( since more roses been sails at each price )
that makes sense
hahaha will they say curve about it , that does not mean its curve shape , curve related to the relation btw demands and sales
ahh okay:) so how would i label it? :O
explain what u did , and why u shifted it in words not in mathematics language xD
okay... so would it be like this? |dw:1414344916005:dw| ?
yeah sounds good :)
yay! and so does the supply of roses increase? Or does it just stay constant? or would it increase because sellers are prepared because of valentines day?
okay!! :)
well its constant , why ? 1- supply dont rise with changing of sails or demands 2- supply only change with respect to production operation
ahh okay, thank you so much!! :D so i was wondering, how would you graph it to show that the supply is constant? :/
like for example , supply would rise if the had hmm such good water xD
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