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Seinfeld Economics: The Glasses

by Linda Ghent

Demand is the willingness and ability of the people within a market area to purchase a good or service. Economists generally assume there is an inverse relationship between the price of a good and the quantity demanded by buyers.

 

Seinfeld: The Glasses

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Jerry is getting a new air conditioning unit. Elaine asks why, because he's never wanted air conditioning before. But Jerry's new girlfriend feels more comfortable in with air conditioning, so Jerry is getting one—his demand has increased.

from Seinfeld, Season 5 (1993)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent
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