Stock Shares

I invested in 400 shares of the Disney Company.  I chose this company because it is a very powerful company, and with the recent release of the Disney movie, The Princess and the Frog, the company should only gain more money in the near future.  Disney owns cruise lines, owns ABC News, and produces movies.  Disney also has its own product line of disney characters from movies, and Disney has its own television channel.  Also, Disney World and Disney Land are two very famous vacation spots for families with young children. I predict that with the recent release of the new Disney movie that the price of Disney stocks will increase, earning me money.  To my knowledge, the stock has not split.  I predict that many products from the recently released Princess and the Frog movie, only adding to Disney's income from the release of the movie.  So, I predict that the price of Disney stocks will increase in the near future.

Supply and Demand of Labor Markets

The supply and demand of labor markets is much like the supply and demand of products.  When the supply of wages is high, many more people try to attain that position. When the supply of wages is low, less people try to attain that job, and if they do take that job, most of of the time it is by necessity.  Athletes, models, and doctors make so much money because it is harder for those types of jobs to be attained, so each person is supplied with higher wages.

I would like to be a doctor, which is a difficult job to attain due to the amount of education required to do so.  However, it is not as difficult as becoming a professional athlete or a model, which requires a certain body type.  Many people try to become doctors, but with the competitiveness of medical school, it is very difficult.  If I do end up becoming a doctor, I will be making a very good amount of money, but no where near as much as professional athletes or models.

Zhu Zhu Pets

The demand for the Zhu Zhu Pets (robot hamsters) is huge right now, especially because it is the Christmas season.  The demand curve for this item could change when the popularity dies down after the Christmas season because people will no longer be rushing around trying to get their children cheap, robotic toy animals.  There is no substitute good for the Zhu Zhu Pets because they are made by a small company, and nobody expected them to become this popular so quickly, so no substitutes have been made yet.  The demand could have shifted to the right during this time of year because it is the Christmas season, and Zhu Zhu Pets are a cheap way to get a child a good gift.  After the Christmas season, the popularity could die down, and the demand could lessen, making the demand curve shift to the left for this product.