3 ms·
This seems to be very similar to the concepts of "induced demand" and "jevon's paradox". Essentially, these principles all seem to be saying that if something
by dwaltrip 9y ago
This seems to be very similar to the concepts of "induced demand" and "jevon's paradox".
Essentially, these principles all seem to be saying that if something becomes significantly more accessible (whether by decreased price, increased efficiency, and/or increased supply), it's not uncommon for demand to increase in kind, as new uses become economically viable.