Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 2 months agowhat advice was great when you first heard it, but has aged like milk since then?message-squaremessage-square291fedilinkarrow-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 · 2 months agomessage-square291fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 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-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·2 months agoYou’re almost there. Baby steps.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 months 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-up1·2 months agoThis proves you don’t understand. Thank you.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 months agono, it shows that my example proves my assertion.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·2 months agoIt does not. But I’m sure that’s fun for you.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 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-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up2·2 months agoSupply is very much capable of not meeting demand. It happens often.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 months agoI don’t think you know what the theory of supply and demand is.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up2·2 months agoAnd I’m sure that you don’t.
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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.