| ▲ | inigyou a day ago | |
Well, that's how prices solve shortages. Less people buy, and the ones who want it more get one | ||
| ▲ | BadBadJellyBean a day ago | parent [-] | |
Ah yes. The good old cobweb theorem. https://en.wikipedia.org/wiki/Cobweb_model | ||
| ▲ | inigyou a day ago | |
Well, that's how prices solve shortages. Less people buy, and the ones who want it more get one | ||
| ▲ | BadBadJellyBean a day ago | parent [-] | |
Ah yes. The good old cobweb theorem. https://en.wikipedia.org/wiki/Cobweb_model | ||