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Trump Aska Suprene court to enforce transgender military ban
#9
(28-04-2025, 12:19 PM)harm_less Wrote:
(28-04-2025, 11:36 AM)Lilith7 Wrote: That "supply & demand' bollocks has always annoyed me....blatant greed, nothing more.
Supply and demand is just a basic market function. If a demand exists for product A then a supplier will rise to satisfy that demand. If that demand increases then that supplier, or another, will make more available as they will see a market opportunity in doing so. The market will also dictate the price that they are prepared to pay for product A and the upper and lower limits of that price will be set as a result. If a comparable product B enters the market it competes by way of price, versatility and other advantages over product A. As a result demand for product A may reduce and its supplier can then reduce price or otherwise make product A more attractive to customers. That situation is how supply and demand set limits on products' marketability.

Other factors come into play such as price elasticity, product differentiation and technological advances but if you're unable to grasp supply and demand such mechanisms are likely to be even more confusing to you.

Raising the price when something is in short supply is greed, pure & simple.
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)
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RE: Trump Aska Suprene court to enforce transgender military ban - by Lilith7 - 28-04-2025, 04:01 PM

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