Other Chicago & General Sports Thread - Part XVI: IU WINS OUTRIGHT BIG TEN TITLE
View Single Post
02-22-2013, 09:32 PM
Join Date: Nov 2011
Location: Northwest Indiana
Originally Posted by
Um, go take a basic microeconomics class please. Prices are functions of demand.
You take an economics class. Prices are a fucntion of supply and demand, but that's just definitional. "Demand" doesn't mean how many people are interested in a thing, it's a function of how much they're willing
Short handed goal! NOICE!
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.
Hawks fans are
to spend more. And once again, even that's not generally the case.
View Public Profile
Find More Posts by IndianHeadSweater