Comment on It's barely a science.
Knock_Knock_Lemmy_In@lemmy.world 5 days agoHilarious.
Check out the supply/demand Figure 4-8 on page 80
Economists can’t handle non-linear relationships.
Prosecution rests.
Comment on It's barely a science.
Knock_Knock_Lemmy_In@lemmy.world 5 days agoHilarious.
Check out the supply/demand Figure 4-8 on page 80
Economists can’t handle non-linear relationships.
Prosecution rests.
HeyThisIsntTheYMCA@lemmy.world 5 days ago
what is it trying to illustrate in the model?
Knock_Knock_Lemmy_In@lemmy.world 5 days ago
I’ve made my point.
The example text book you pulled of the shelf written by “proper economists” has the exact same linear S/D diagram I posted at the top of this thread.
HeyThisIsntTheYMCA@lemmy.world 5 days ago
so you can’t figure out the point it’s trying to illustrate by simplifying assumptions. tada!
Knock_Knock_Lemmy_In@lemmy.world 5 days ago
lemmy.world/comment/21794751