Checkpoint: Supply and Demand

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Date Submitted: 03/03/2012 05:13 AM

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Checkpoint: Supply and Demand

In this week assignment I will explain why I choose to write about the supply and demand for washing machine that I had to purchase due to fact that my other washer just went on the blank about a week ago. After ten plus years of service I sure didn’t want to buy a new one but the repairman said I would come out cheaper if I did. So I had to decide if I wanted to rent, or buy a new or used washer machine.

I knew for a fact that I had to make a choose real soon because the clothing had start building up, so I decided for this week I will use the laundry mat until my next pay day then I can go buy me a new washer machine because I f I buy a use one I might be buying someone else’s trouble therefore that’s why I choose to buy a new Kenmore washer because I had my other Kenmore washer for over ten years.

Therefore if I continue to use the laundry mat I will be losing a lot of time, money, and gas trying to maintain clean clothes on a regular basis. My family is to large not to have a washer and dryer no exception, that’s why I choose to go back to sears and purchase a Kenmore washer because I knew from experience that is a good washer machine. I also knew that Kenmore stands behind their products with a good warranty and that I will get good quality service from my new washer machine. Because I had considered all of my variables while researching for a new washer for the best price quality of the washer machine.

In this assignment I will explained the many different influences that impacted the supply and demand for this item, and all the factors that was involved in deciding which washer to buy.

The definition for washer machine or washer is a machine designed to get clothes clean without too much physical labor such clothing as linen, towels, and other material we need or wear on a daily basis. I understand that a washing machine is considered a normal good in economics because when the household’s income increase many people...