time2lose@lemmy.world to memes@lemmy.world · 5 days agoFunny that…lemmy.worldimagemessage-square162fedilinkarrow-up1691arrow-down135
arrow-up1656arrow-down1imageFunny that…lemmy.worldtime2lose@lemmy.world to memes@lemmy.world · 5 days agomessage-square162fedilink
minus-squaremarcos@lemmy.worldlinkfedilinkarrow-up5·5 days agoSupply and demand is a framework, not a model. It doesn’t say anything. Apparently the entire internet failed to learn Econ101.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·4 days agoIf I could teach everyone on Earth one thing, it would be how to read a supply and demand diagram. So much is wasted because we as a people don’t understand elasticity and surplus.
Supply and demand is a framework, not a model. It doesn’t say anything.
Apparently the entire internet failed to learn Econ101.
If I could teach everyone on Earth one thing, it would be how to read a supply and demand diagram. So much is wasted because we as a people don’t understand elasticity and surplus.