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> The post I replied to doesn't mention supply either directly or indirectly The post you replied to doesn't mention demand either. It only talks about price.
by pyrale 5y ago
> The post I replied to doesn't mention supply either directly or indirectly
The post you replied to doesn't mention demand either. It only talks about price.
There is a difference between demand and price, and there is no generic function from price to demand. Even such basic assumptions as "demand falls as price goes up" fail in some situations.