Tuesday, May 11, 2010

Non-Price Determinants of Demand

While not exactly a "transaction."  Do you think this an example of "tastes and preferences" or "expectations."  The king indicates it's not his taste, but it is possible he expects some trickery.
Wizard of Id
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1 comment:

Lisa Perfors said...

I think for the sake of comedy that it is tastes and preferences. It illustrates the thought "I wonder what would happen if they told the Trojans they didn't want the giant wood horse." But expectations would make sense if it is suppose to illustrate another event that copies the wood horse ambush.

May 11, 2010 at 11:39 PM

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