Re:Why Barcelona Bought the Building That Symbolizes Its Hou...
by PaulDavisThe1st on Saturday February 22, 2025 @11:07AM
(#43140176)
> Changes in the situation move the curves around.
Aye, there's the rub. Changes in the situation do NOT move the gravity curves around in any scenario where Newtonian physics is a reasonable model to be using. So whatever kind of "law" this "law of supply and demand" actually is, it clearly is not like the laws of physics.
Re:Why Barcelona Bought the Building That Symbolizes Its Hou...
by whatshisface on Saturday February 22, 2025 @12:58PM
(#43141361)
The forces in Newtonian mechanics are situational. They would be one thing for gravity, another for springs. Mechanics is a framework for stating things about forces.
In supply and demand, you have these things called "supply curves," and "demand curves." The price is on the x axis, and the volume cleared in the marketplace is on the y axis. Changes in the situation move the curves around.