Irrational Love Analysis

There are people in this world that become irrational when they fall in love with their mates, but are blind to the opportunity costs they are exchanging to win their devotion. Basically, according to Brian ORoark, love is the reflection of an inelastic demand curve. Tim McGraw, for an example, wrote a song “Just to See You Smile,” explaining that he would do anything no matter the cost to get his girl to love him. Unfortunately, most people cannot pursue the happiness of their spouse by spending money – even though they ignore the fact that they are penniless because love makes them irrational. By becoming incoherent upon love, it will back fire one financially due to the amount of money one spends for his or her spouse exceeding the income …show more content…

By understanding the phrase, it will allow one to realize when he or she is becoming irrational upon love. In economic terms, the price will continue to increase while the quantity stays the same. This could be a problem for many people and is common base off things that are a necessity. Some examples of a necessity are: food, medication, shelter, and clothes. Furthermore, imagine a patient that has a disease called “Candy Cornoritis” and this patient depends on candy corn to prevent death. Then, the patients went to see a doctor and found out that the doctor that prescribes candy corn will sell it for $10.00. For the sake of the patient life, he is going to buy the candy corns. Now, the doctor may be feeling a bit greedy. So, the next time the patient comes back, he is going to increase the price to $20.00 for the medication. Since the patient has no choice, he had to buy the prescription at any price if he wants to live. Likewise, this scenario can be compared to a love life. Basically, a male will be willing to buy his spouse anything she wishes in order to maintain her in his life. Otherwise, he will no longer have her as a spouse and burry himself in …show more content…

Another word for this is equilibrium, which is the “state in which opposing forces or influences are balanced” (). By shifting the supply curve, it can adjust the equilibrium price by changing its price and quantity. A shift of a supply curve works the same way as the shift of a demand curve. By referring back to Tim’s life, his supply of labor allows him to receive his income he needed in order to make demands for his desire – or his woman’s desire. When a woman has an expensive taste, it will affect Tim’s supply curve because he will not be able to afford songwriters, singers, and bands. This causes the supply curve to shift to the left resulting an increase in price of Tim’s music and a decrease in quantity of his music. If the supply curve continues to shift to the left, eventually Tim will go out of business, and his girlfriend will ditch him because he can no longer keep up with her wishes. So far, everything is going downhill and the opportunity cost Tim made was not worth because it affected his career and his life. However, if Tim decided to his focus on his career rather than his wife, then the supply curve will shift to the right. This depends on the opportunity cost as well as if he is willing to spend less money on his wife and more towards his profession. By having a right shift of