If you recall (and even if you don’t recall), a recent post dealt with the apparently declining price of helium and the sign notating such at the party store reading “Reduced Helium Prices”. All this time I thought helium could only go up! Regardless, it’s the first decline in prices I’ve seen on ANYTHING this year…
In Economics we learn about the elasticity of demand which measures how sensitive the demand for a product is relative to increases or decreases in its price. Personally, I think anybody who says that party balloon sales will rise dramatically when the price of helium goes down is full of hot air!
Perhaps one of those trial balloons could be sent up to gauge the public’s opinion.
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