Other Chicago & General Sports Thread - Part XVI: IU WINS OUTRIGHT BIG TEN TITLE
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02-22-2013, 09:31 PM
Join Date: Jun 2004
Originally Posted by
Um, go take a basic microeconomics class please. Prices are functions of demand. You base current consumption on utility. Fact is supply is equal, but demand is not. Hawks fans are willing to pay 3x as much for a ticket compared to Bulls fans. You just fail to understand basic consumer theory.
His entire point is that supply isn't equal. Which it isn't.
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