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  #1  
Old 06-28-2012, 12:48 PM
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Riot Riot is offline
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Quote:
Originally Posted by joeydb View Post
LOL - yeah - more demand and decreasing supply ALWAYS leads to lower prices ... Brilliant.
Nice to see you realize that it doesn't always work!

My, my - a day of breakthroughs on Derby Trail
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Old 06-28-2012, 12:53 PM
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joeydb joeydb is offline
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Quote:
Originally Posted by Riot View Post
Nice to see you realize that it doesn't always work!

My, my - a day of breakthroughs on Derby Trail
Uhhh - taking this nice and slow now:

Increasing demand raises prices, even with constant supply.
Decreasing demand lowers prices, even with constant supply.
Increasing supply lowers prices, even with constant demand.
Decreasing supply raises prices, even with constant demand.

Soooo, increasing demand and decreasing supply during the same time period will cause a largeincrease in prices.

And yes - the laws of supply and demand always work, just like the laws of gravity.

Re-read that again until it makes sense to you.

Last edited by joeydb : 06-28-2012 at 12:54 PM. Reason: typo
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  #3  
Old 06-28-2012, 12:55 PM
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Riot Riot is offline
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Quote:
Originally Posted by joeydb View Post
Uhhh - taking this nice and slow now:

Increasing demand raises prices, even with constant supply.
Decreasing demand lowers prices, even with constant supply.
Increasing supply lowers prices, even with constant demand.
Decreasing supply raises prices, even with constant demand.

Soooo, increasing demand and decreasing supply during the same time period will cause a largeincrease in prices.

And yes - the laws of supply and demand always work, just like the laws of gravity.

Re-read that again until it makes sense to you.
Except we don't live in an unfettered, true free-market marketplace.
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