How does the person singled out react?
I ask if anyone is wearing gold jewelry.
I don’t see the relevance of your response to my question, care to elaborate?
Sorry.
Fine I think. It happens very quickly unlike later in the semester when I insist that a student trade me her jewelry for a glass of water.
To illustrate the fact that the value of goods is determined by their scarcity/abundance relative to demand?
Yes
How does the person singled out react?
I ask if anyone is wearing gold jewelry.
I don’t see the relevance of your response to my question, care to elaborate?
Sorry.
Fine I think. It happens very quickly unlike later in the semester when I insist that a student trade me her jewelry for a glass of water.
To illustrate the fact that the value of goods is determined by their scarcity/abundance relative to demand?
Yes