I'm a freshman at UPenn, and taking an intro to econ class. While doing some online homework, this question popped up, and I thought you guys might get a kick out of it:

In the small town of Negreanu, there is a competitive market for decks of playing cards.

Suppose that the demand curve is a straight line and is given by the following equation:

P = 9 - (2/3)QD, where P is the price per deck and QD is the quantity demanded per day.

The supply curve is also a straight line and is given by the following equation:

P = 2 + (1/2)QS, where P is the price per gallon and QS is the quantity supplied per day.

10.1. The equilibrium price per deck of cards equals ____, and the equilibrium quantity equals _____.




A. $7; 3 decks of playing cards

B. $6; 6 decks of playing cards

C. $5; 6 decks of playing cards

D. $5; 4 decks of playing cards


Made econ more interesting to me anyway...

Everyone is jumping on the poker bandwagon, it's not even funny.

I was at freakin Macy's the other day, and I swear that 90% of the tshirts mentioned poker, or had a spade, or some sort of card reference, it was crazy. And these weren't novelty shirts or something, it's designer stuff.

Crazy!

no



FUCKIN CRAZY!

I only watch poker and Futurama on TV anyway, so it already seems to me like he's everywhere.

Soon his face will start appearing in toast and grilled cheese and in window streaks and we'll really have a problem.

As long as his name doesn't pop up during sex with the wife...

It's funny that you say that. Look what I found on eBay with a current bid of $48,355.25:

the answer is C.

Next question?

Even knowing it was coming, that made me laugh out loud.

Balloon Guy, which one of you would be saying it? My husband looks like a darker (and bigger) version of Daniel...he's Lithuanian by blood, so they've both got that Eastern European thing going. Similar features.