Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 1 month agowhat advice was great when you first heard it, but has aged like milk since then?message-squaremessage-square284fedilinkarrow-up1175arrow-down13
arrow-up1172arrow-down1message-squarewhat advice was great when you first heard it, but has aged like milk since then?Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 1 month agomessage-square284fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month agoanyone can read what was said. denying it is silly.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month 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-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·1 month agoYou’re almost there. Baby steps.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month agosupply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month 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.
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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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supply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.
this is nonsensical. where the supply curve crosses the demand curve, price is discovered. that price indicates the current demand.