[ExI] Economic laws/was Re: retrainability of plebeians
painlord2k at libero.it
painlord2k at libero.it
Sat May 2 22:43:31 UTC 2009
Il 02/05/2009 19.34, Damien Broderick ha scritto:
>> If GM sell 1M car at 20K $/car, slashing the price 10% will not
>> guarantee that the number of car sold will grow, but only that the
>> number of car sold will not reduce.
> This explains why the number of buggy whips, manual typewriters and ice
> boxes sold each year has never fallen even though price has plummeted.
> (You might reply that demand for these items has been affected by more
> than price alone. That's true. Add another epicycle to that effect.)
"All other equal" is the game name.
By the way, I'm sure enough that "buggy whips, manual typewriters and
ice boxes" are more costly now than in the past, mainly because no one
sell them any more as there is no one buying them any more.
Mirco
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