4 ms·
Does ECON 101 logic apply here? If supplies of a good are piling up, it means the equilibrium price for that good is below the asking price.
by teeray 2y ago
Does ECON 101 logic apply here? If supplies of a good are piling up, it means the equilibrium price for that good is below the asking price.
- JumpCrisscross 2y agoEcon 201: the principal-agent problem [1]. Musk likely can’t concede prices while negotiating a multibillion-dollar pay package. [1] https://en.m.wikipedia.org/wiki/Principal%E2%80%93agent_problem https://en.m.wikipedia.org/wiki/Principal%E2%80%93agent_prob...
- deleted 2y ago[deleted]
- fred_is_fred 2y agoI’m not sure which branch of Econ includes pissing off your core market by being a fascist leaning edgelord, but that applies too. In the US Republicans are solidifying their stance firmly against EVs and left leaning folks are tired of Musks’s tweets.