Lately, there have been lots of rumors circulating that Facebook is going to start charging $7.00 monthly for facebook users to create and be active with their accounts. Though the rumors are not true, why was it started in the first place? These rumors can simply be defined as supply and demand, a commonly known concept in economics. When Facebook is free, the demand for creating an account is very high therefore requiring more and more supply, like computer storage chips and such. However, when Facebook will require monthly payments the supply will be larger but the demand to create a facebook will lower simply because Facebook is only to communicate with others and have fun with sharing photos and such.