My current- and former-Econ 113 students will get a chuckle over this one. When I teach “demand,” I use the example of a Jaguar to emphasize both components that must be present: the willingness to pay and the ability to pay. (I make the point that I have the *ability* to pay, but I am not *willing* to pay that much for an automobile. I explain that I prefer to remain married!) This is not a well-composed image and the Jag, alas, could do with a washing, but it was there in the lot today and I *had* to take this!
Retired economics professor (“dismal scientist”). Married 40+ years to the love of my life; we have two grown daughters, both married, two granddaughters and a...
@oneinodd Thanks, Lisa; it turned out okay. I took a few from the other side to eliminate glare, but in the end this one was better (at an angle of about 120° to/from the sun).
February 5th, 2011
Leave a Comment
Sign up for a free account or Sign in to post a comment.
![Sigh. [Travel-day]](https://media.365project.org/1/9428160_bfilmqru48_sq.jpg "Sigh. [Travel-day]")