Usernameblankface@lemmy.world to Ask Lemmy@lemmy.world · 1 month agowhat advice was great when you first heard it, but has aged like milk since then?message-squaremessage-square274fedilinkarrow-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 · 1 month agomessage-square274fedilink
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month agoanyone can read what was said. denying it is silly.
minus-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month 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-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month 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-squarecommie@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 month agosupply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.
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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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this is nonsensical. where the supply curve crosses the demand curve, price is discovered. that price indicates the current demand.
supply in this case cannot increase. it can only decrease. but a decrease in the demand does not cause supply to decrease.