Lacrosse have been around forever but it has not been the most popular sport. Over the last few years the demand for lacrosse has increased markedly. The demand for lacrosse might have increased because when hockey finished their fans needed another sport to watch that dealt with violence. The supply for lacrosse players is also increasing. This is because most high schools now have a varsity and a junior lacrosse team. Lacrosse is doing so well that supply and demand are in equilibrium; surplus and shortage, of anything, is not a problem. In the lacrosse "market" all equipment is categorized as elastic; if a price change leads to a considerably bigger change in quantity demanded, we would consider the good to be responsive to a price change: hence elastic. Lacrosse gear is considered to be a quantity supplied because most lacrosse team buy their equipment and apparel in bulk. When a head is bought the stringing will need to be replaced this is considered a complement.

law of supply is shown in lacrosse. It is when income increases the demand for most expensive things increase. This usually only occurs when players go pro. Before going pro you could play in high school and not get paid nothing. In the pro you get paid so you can buy the most expansive product. Since the Law of supply affects lacrosse, the supply schedule applies to lacrosse. This is because the supply schedule is simply a numeric representation of the Law of supply. The same applies to the supply curve, this is because the supply curve is only a graphic representation of the law of supply.

Law of demand is also shown in lacrosse. It is the price of a good decreases, the quantity demanded of the good increases. All lacrosse heads are pretty much the same, so when a lacrosse heads price goes down more lacrosse players will want it. For example a year or two age I bought a head that went for about 100 dollars, but I found a deal that was half off ($50), so I bought it. Since the law of demand affects lacrosse, the demand schedule applies to lacrosse. This is because the demand schedule is simple a numeric representation of the Law of demand. The same applies to the demand curve, this is because the demand curve is only a graphic representation of the law of demand.

When a store like Dick's receives a new supply a goods like lacrosse sticks the percentage of supply is greater than the percentage in price. This is called elastic supply because it is when the percentage change in quantity supplied is greater than the percentage change in price. Elastic demand is shown sighicantly in lacrosse. This is because when a new head or shaft comes out people tend to pay for that expansive head or shaft. Elastic demand is the type of demand that exists when the percentage change in quantity demanded is greater than the percentage change in price.

Inelastic supply also occurs because when stores have a low supply, they sometimes tend to keep the price the same which makes the supply low and price high. Inelastic demand is the kind of demand that exists when the percentage change in quantity demanded is less that the percentage change in price. This is also seen in the lacrosse world. For example when a resource, such as a head, has been out for a long period of time the demand for it will decrease but the price will stay the same.

Equilibrium is the point at which the quantity of a good that buyers are willing and able to buy is equal to the quantity that sellers are willing and able to produce and offer for sell. In the lacrosse market this are sometimes equilibrium prices, like when the seller have sales. There are also equalilbrium quantities because there are equal amounts of goods for people to buy. All goods in the lacrosse market are usually normal goods.