Why hello...

This is a blog for my AP ECON class and it is titled "gonnageta5" because I believe in positive thinking. You will acomplish only what you expect from yourself. I am challenging myself in saying that I am going to get a five on the ap exam... since I dont want to be a liar, I better stop typing and go study cause this stuff is hard!!

Monday, April 21, 2008

FROSTIES

I was going through some old stuff from back in the day when i was done with my portfolio and i found a free cone certificate from frostie freeze. The coupon read "one free 45 cent cone" The cheapest cone you can get now days is a dollar!! I was thinking about that inflation... thats over a 100 percent rise in price!! Everyone complains that the prices have risen so much each year for frosties but yet we all still go there. It almost seems as if frosties is an inelastic good!!! No matter how high the prices go up... the demand is still higher!! Are we really that obsessed??

5 comments:

taylork said...

I'm really that obsessed I think. Those cones taste better every year it seems!

Brent said...

With all those flavors and all those candies, of course we're obsessed!

johndav said...

Well to follow the trend I'll have to say that frostie freeze is what gets me out of bed everyday. But anyway, however inelastic their ice cream seems, the prices relative to everything around that we pay for (which have also suffered the effect of inflation) are probably not as outragous as they seem.

KM said...

You guys are hilarious.

And sick. Very, very sick.

EssenceofErika said...

Hmm Morgan,
I just have to tell you I am not giving into frostie's inflation. I'm a Ben and Jerry's fan. Yeah baby. Ben and Jerry's for life. (Only because they make coupons!) Jk they are delicious!! What do you say to a post-AP micro test Ben and Jerry's party??