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02-22-2013, 09:32 PM
  #680
IndianHeadSweater
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Quote:
Originally Posted by LetEmKnow View Post
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!

and able to spend.

Quote:
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 able to spend more. And once again, even that's not generally the case.

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