The Duh in economics
Yes, when prices decrease, people buy more of that item.
You'd think these people were being taught rocket science or particle physics instead of basic economics.
It's also a good reason why minimum wage laws are a bad idea - the first industry segment that gets hit is the food industry.
You'd think these people were being taught rocket science or particle physics instead of basic economics.
It's also a good reason why minimum wage laws are a bad idea - the first industry segment that gets hit is the food industry.
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- 2Posted by freedomforall 9 years agoParaphrasing Killary, "It takes a government study."| Mark as read | Best of... | Permalink
- 1Posted by $ blarman 9 years agolol. Nice.| Mark as read | Parent | Best of... | Permalink
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