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> most high school graduates in the US come out with a good basic understanding of supply/demand and labor/capital basic inputs to businesses I profoundly doub
by exolymph 1y ago
> most high school graduates in the US come out with a good basic understanding of supply/demand and labor/capital basic inputs to businesses
I profoundly doubt this
- jlhawn 1y agosurveys show that if you ask most people what happens to the price of X when the number of X available increases, people correctly understand that the price falls and vice versa. There are some things though, particularly housing, where more people think the opposite happens.