Business And Economy Archive

Thread: what happened to the Supply and Demand concept?

bluejanus
Wed Jul 13, 2005 5:19 pm
#14

RebFin wrote:
Remember also that the laws of suppy and demand require that everyone will act perfectly rational. Obviously not everyone will. That is where Economics will dip into Statistics and look for trends.

It can get fustrating, but try to remember that people tend to think everything is overpriced when buying, and margins are being lowballed out of existance when selling. I do it, so do you.



QFE





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