Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 10 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 · 10 days agomessage-square286fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 days agoanyone can read what was said. denying it is silly.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 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-up1·9 days agoYou’re almost there. Baby steps.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 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-up1·9 days agoThis proves you don’t understand. Thank you.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·9 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-up2·9 days agoSupply is very much capable of not meeting demand. It happens often.
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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 proves you don’t understand. Thank 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.