Wow, you guys know a lot more about economics than I do. So thanks for the good reads above.
I look at life a lot more simplistic.
Today is Friday. I don't have enough supply of beer at home for the weekend. I demand more.
So I will buy a carton on the way home and I don't care how much it costs. In fact even if beer was $100 a carton it will still be too cheap.
