Re:Union Is Formed at Los Angeles Times and Publisher Put on...
by hueving on Friday January 19, 2018 @05:21PM
(#16190413)
>not because of the supply and demand.
It's still supply and demand. When you have a monopoly on the demand side, you can significantly put downward pressure on the price.
Supply and demand doesn't cease to exist even when the market is screwed up. It just puts constraints on the curves. Google "supply and demand graph in a monopoly" to see more.
It's still supply and demand. When you have a monopoly on the demand side, you can significantly put downward pressure on the price.
Supply and demand doesn't cease to exist even when the market is screwed up. It just puts constraints on the curves. Google "supply and demand graph in a monopoly" to see more.