Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 6 days agowhat advice was great when you first heard it, but has aged like milk since then?message-squaremessage-square286fedilinkarrow-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 · 6 days agomessage-square286fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·4 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-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·4 days agoYou’re almost there. Baby steps.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·4 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-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up2·4 days agoSupply is very much capable of not meeting demand. It happens often.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·4 days agoI don’t think you know what the theory of supply and demand is.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up2·4 days agoAnd I’m sure that you don’t.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·4 days 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-up1·4 days agoThis proves you don’t understand. Thank you.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·4 days agono, it shows that my example proves my assertion.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·4 days agoIt does not. But I’m sure that’s fun for you.
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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.
Removed by mod
Removed by mod
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.
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.