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The demand is static for argument's sake. The reason I believe it is valid to assume a static demand for demonstrative purposes is because I believe that the s
by dkokelley 19y ago
The demand is static for argument's sake.
The reason I believe it is valid to assume a static demand for demonstrative purposes is because I believe that the supply has shifted much more significantly than the demand has over the past 10 years or so, to the point that the change in demand is negligible.
This is just from first-hand observation. I don't have any evidence or reports to show this. It's only my hypothesis. If there are any reports showing a different supply/demand relationship please let me know.