@[email protected] to Ask [email protected] • 26 days agowhat advice was great when you first heard it, but has aged like milk since then?message-square274fedilinkarrow-up1173
arrow-up1173message-squarewhat advice was great when you first heard it, but has aged like milk since then?@[email protected] to Ask [email protected] • 26 days agomessage-square274fedilink
minus-square@[email protected]linkfedilink1•25 days agoanyone can read what was said. denying it is silly.
minus-square@[email protected]linkfedilink1•25 days 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•25 days 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•25 days agoSupply is very much capable of not meeting demand. It happens often.
minus-square@[email protected]linkfedilink1•25 days agoI don’t think you know what the theory of supply and demand is.
minus-square@[email protected]linkfedilink1•25 days 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•25 days agono, it shows that my example proves my assertion.
anyone can read what was said. denying it is silly.
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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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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.
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.