3 ms·
The "law" in law of supply and demand is a very different thing than the law in the laws of physics... I agree with you about the chaotic thing, though.
by lutorm 16y ago
The "law" in law of supply and demand is a very different thing than the law in the laws of physics... I agree with you about the chaotic thing, though.
- zeteo 16y agoIt's not that different from the laws of gases, really. Increase pressure, temperature increases (can't tell what individual molecules do). Increase demand, price increases. (Of course, this only works predictably for very, very atomized markets.)