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> They offered a rate Uber offered a rate that was subsidized by investors. That is not true supply and demand.
by teej 7y ago
> They offered a rate
Uber offered a rate that was subsidized by investors. That is not true supply and demand.
- povertyworld 7y agoIsn't moving the demand curve by burning capital still a matter of supply and demand?
- kortilla 7y agoYes. Supply and demand curves capture all of these things. Subsidies just increase the supply at the lower prices on the curve.