Economic Essay

Economic Essay - A ndrade 1 Julian Andrade ID: 3256100 ECO...

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A ndrade 1 Julian Andrade ID: 3256100 ECO 20203 Dino Siervo Extra Credit Article: Masses of Shoppers kick off Black Friday in South Florida On the popular holyday for consumers, the black Friday, outraged the numbers of customers buying products and the number of cheap deals within the markets. On the past black Friday, customers were outside waiting for hours before dolphin mall could open. Customers had in mind that the wait would be worth it, since the prices are of great deal, and prices good as such could be considered as one of a year time. By 1 am the mall’s parking lot was already in full capacity, customers would even parked at neighbor stores. Customers will do anything to get the same good at the lowest price. As learned in economics class, when the price of products decrease, the demand for it increases. Customers are smart and patient enough to wait and know when is the right time on buying that certain product at its lowest price. But customers are not the only ones who take advantage from
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This note was uploaded on 02/01/2011 for the course ECO 2023 taught by Professor Sabet during the Fall '08 term at FIU.

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Economic Essay - A ndrade 1 Julian Andrade ID: 3256100 ECO...

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