Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 2 days agowhat advice was great when you first heard it, but has aged like milk since then?message-squaremessage-square236fedilinkarrow-up1145arrow-down12
arrow-up1143arrow-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 · 2 days agomessage-square236fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 hours 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-up1·9 hours agoYou’re almost there. Baby steps.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 hours 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-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·9 hours agoSupply is very much capable of not meeting demand. It happens often.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 hours agoI don’t think you know what the theory of supply and demand is.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·9 hours agoAnd I’m sure that you don’t.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 hours agothink what you want, but I encourage you to read up on it. the Wikipedia entry is very thorough.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 hours agosupply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·9 hours agoThis proves you don’t understand. Thank you.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 hours agono, it shows that my example proves my assertion.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·9 hours agoIt does not. But I’m sure that’s fun for you.
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.
And I’m sure that you don’t.
think what you want, but I encourage you to read up on it. the Wikipedia entry is very thorough.
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.
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