• don@lemm.ee
    link
    fedilink
    arrow-up
    31
    ·
    1 day ago

    B-b-b-but the armchair common sense economists swore it would! And they use “anyone can see” logic!

    • Saledovil@sh.itjust.works
      link
      fedilink
      arrow-up
      1
      ·
      2 hours ago

      Well, given time, prices will move to where the businesses make the most profit. If relationship between price and demand is linear, then an increase in expenses will move the ideal price point by half as much.