Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 26 天前what 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 · 26 天前message-square286fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·25 天前the price at which something is sold is a well established measure of demand. do you have some counterexample that disproves what I said?
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·25 天前 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-up2·25 天前Supply is very much capable of not meeting demand. It happens often.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·25 天前I don’t think you know what the theory of supply and demand is.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·25 天前supply 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-up1·25 天前This proves you don’t understand. Thank you.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·25 天前no, it shows that my example proves my assertion.
minus-squareslackassassin@sh.itjust.workslinkfedilinkarrow-up1·25 天前It 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.
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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.
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.