Chapter 7 Post

This chapter wasn't impossible to understand. It was about consumers, producers and the efficiency of markets. It talks about how the producing and consuming surplus affects the market. You find this amount by substracting the amount that was made from the price that people were willing to buy it. They have different graphs for this chapter, but it refers back to previous chapters. The chapter uses the demand curve to measure the consumer surplus. Each buyer has something called a willingness to pay. This willingness to pay is the buyer's maximum and it measures how much the buyer values the good. There is another thing called consumer surplus which is the amount that a buyer is willing to pay for a good minus the amount the buyer actually pays for it. This measures the benefit to buyers of participating in a market. They have graphs and charts in this chapter to help you visualize how to measure the producer surplus. This producer surplus is closely related to the supply curve (obviously). The higher price of an item raises the producer surplus. They have equations and graphs to show you how to relate the consumer surplus and the producer surplus to the market equilibrium. There are two insights about market outcomes: Free markets alleviate the supply of goods to the buyers who value them most highly, as measure by their willingness to pay. And free markets alleviate the demand for goods to the sellers who can produce them at least once. 

5/2

So most of my family is in Chicago this weekend for my brother's graduation stuff. I love having them here. I was thinking that it would be so cool to have them here all the time. I think it would be cool but also I might get bored of them or it wouldn't be as special when I saw them. I am still dating Delaney and my 2 month anniversary is today and we hungout by her house. She had to go early, which I don't like but it was fine. 

5/26

This week was good. I'm not too sure if me rehak is still reading these things but I am going to do then just incase. Finals are looking pretty decent. I have a preeeetty solid A in most or my classes besides ap world where it is going to be a pretty bit stretch to get a B. I really hope I do though. I got a c last semester and I am not happy about that. Johnny got a C as well so I don't know about that. 

Weekly post 5/19

This week was good. I like our new teacher. I am sad me rehak left but she did okay. Right now I am on the long weekend and I am very relaxed. I am going to miss a lot of school on the last few days because of various things. I hope I get all A's besides ap world because an A in that class is not possible for me. The most I can get is a B and that is a stretch and I Will have to do eeeverything to get that, which hopefully I will 

Speech

Thanks you all so much for this award. I have been practicing my speech time and time again and I couldn't come up with a final product. All of my attempts either sounded too cheasy, to fake or too real. So this is what I came up with: Ever since I was a little boy, I knew that the enviornment was in trouble. We were taught from a very little age that we should help the enviroent but I knew that it would be hard to find someone that would take on the responsibility. I graduated from Stanford at age 20 with a phd in environmental science so I knew that I could be the driving force to change this world. 

There are infinite amount of people that I would like to thank that we could stand here all day. I would like to thanky parents for etching me and guiding me throughout this long journey for the Nobel prize for environmental science. I want to thank my siblings for keeping me sane throughout this process. I would like to thank my co workers and all the people that helpede find a way for a new type of renewable energy. I believe that this new type of renewable energy would never have been created if it wasn't for the support of all the sponsors of my company. It has been a long journey and all the companies that helped me become the company I am today are very important to me. 

Creating this renewable energy source was a loooong ride but we got through it. While I have the worlds attention I would like to talk about something very deer to me, as you all know. It is the environment. I have traveled to many places in my lifetime and I have seen many different Eco systems and I have learned a lot about the world we live in. One thing that I have learned is that there are a lot of things wrong with our world that scientists have no idea about yet. With my renewable energy source, I have increases the human race's existence for another 1 million years at the least (Pause for applause). 

We basically are killing ourselves. Have you ever gone riding in places in America where there are factories producing a ton of smog and smoke every day? That is humans killing eachother. When I was at standford, my professor told me something that resonated with me for the rest of my life. I promised him that I would not reveal what he said until he died but it is something that can change the world for forever. My professor died 15 hours ago. So now that I have the worlds attention, I would like to present to you something that will change the face of human history for the rest of enternity. I present to you: the World's first all photon capturing solar panel. (Lift up curtain) 

Weekly post 5/11

So this is almost coming to a close. And when I mean "this" I mean these blog posts. We are heading towards the end of the school year. My friend who goes to ignatius says that they are already out of school. That is crazy that they are already out and we still have like a billion more weeks left. I just found out that john green, who makes the world history videos, also wrote the fault in our stars. That's mind blowing for some reason!

Journal 5/5

This week was pretty good. Things are still going fine with Delaney. I had city on Saturday and I did pretty well. Peter didn't do that well. I am starting to run out of things to talk about on this blog. I have my ap test on Thursday. I am nervous but excited at the same time. I want to go to state this year.