what advice was great when you first heard it, but has aged like milk since then?
what advice was great when you first heard it, but has aged like milk since then?
289 comments
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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?
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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.
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Did supply meet demand
this is nonsensical. where the supply curve crosses the demand curve, price is discovered. that price indicates the current demand.
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Supply is very much capable of not meeting demand. It happens often.
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I don't think you know what the theory of supply and demand is.
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And I'm sure that you don't.
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think what you want, but I encourage you to read up on it. the Wikipedia entry is very thorough.
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I encourage you to produce something no one buys forever.
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289 comments