@[email protected] to Ask [email protected] • 9 months agowhat advice was great when you first heard it, but has aged like milk since then?message-square279fedilinkarrow-up1174arrow-down13
arrow-up1171arrow-down1message-squarewhat advice was great when you first heard it, but has aged like milk since then?@[email protected] to Ask [email protected] • 9 months agomessage-square279fedilink
minus-square@[email protected]linkfedilink1•9 months agothe price at which something is sold is a well established measure of demand. do you have some counterexample that disproves what I said?
minus-square@[email protected]linkfedilink1•9 months agosupply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.
minus-square@[email protected]linkfedilink1•9 months agono, it shows that my example proves my assertion.
minus-square@[email protected]linkfedilink1•9 months agoIt does not. But I’m sure that’s fun for you.
minus-square@[email protected]linkfedilink1•9 months ago Did supply meet demand this is nonsensical. where the supply curve crosses the demand curve, price is discovered. that price indicates the current demand.
minus-square@[email protected]linkfedilink2•9 months agoSupply is very much capable of not meeting demand. It happens often.
minus-square@[email protected]linkfedilink1•9 months agoI don’t think you know what the theory of supply and demand is.
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the price at which something is sold is a well established measure of demand. do you have some counterexample that disproves what I said?
You’re almost there. Baby steps.
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supply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.
This proves you don’t understand. Thank you.
no, it shows that my example proves my assertion.
It does not. But I’m sure that’s fun for you.
this is nonsensical. where the supply curve crosses the demand curve, price is discovered. that price indicates the current demand.
Supply is very much capable of not meeting demand. It happens often.
I don’t think you know what the theory of supply and demand is.
And I’m sure that you don’t.