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This is not correct. If the willingness to pay does not correspond to a willingness to sell there is no transaction. The actual selling price and quantity sold
by CPLX 8y ago
This is not correct. If the willingness to pay does not correspond to a willingness to sell there is no transaction.
The actual selling price and quantity sold is determined by the interaction between supply and demand.
This concept is first day, first hour, of any discussion of economics.
- coldtea 8y ago>This is not correct. If the willingness to pay does not correspond to a willingness to sell there is no transaction. We're talking about prices as verified by millions of transactions (Apple's unit sales), so that's already solved. E.g. the actual prices they managed to sell things, not just some sticker price for unsold products.