nvmu

nvmu

Frost Gate Guardian

Joined
Mar 2008

Recent Posts

Mar 12, 2008 at 10:20 PM The Ecto Issue: My thoughts (Economics involved)

MY LAST POST ON THIS TOPIC http://www.glencoe.com/sec/socialstu.../overview.html The Law of Supply states that more output will be offered for...

Mar 12, 2008 at 10:07 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by MMSDome What about Diamonds? You dont need to buy diamonds but people still pay high prices for them. The fact of the...

Mar 12, 2008 at 10:01 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by quickmonty Apparently you don't. That just defies all logic. If you flood the market with a product the price will...

Mar 12, 2008 at 9:50 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by Lionhe4rt In GW, maybe. But in RL, if there is more demand -> results in more supply (usually, on some market forms...

Mar 12, 2008 at 9:48 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by MelechRic You need to RTFA, specifically this part: http://en.wikipedia.org/wiki/Demand#...et_equilibrium The curves...

Mar 12, 2008 at 9:44 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by Lionhe4rt You do realise that you're not making any sense at all, right? Just think of it; why would the price of...

Mar 12, 2008 at 9:41 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by Jetdoc No, the graph is showing that if demand is higher than supply, the suppliers will INCREASE their price such...

Mar 12, 2008 at 9:39 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by quickmonty According to the text and the chart: As prices increase, supply is increased (to increase profits) As...

Mar 12, 2008 at 9:35 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by Shiney Okay, so now that we are all agreed that the price of ectos is at a low... now what? and ectos are not at a...

Mar 12, 2008 at 9:33 PM The Ecto Issue: My thoughts (Economics involved)

Quote: Originally Posted by slowerpoke when a new campaign was released, new professions that have fow sets did increase demand for ectos, leading...

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