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.
All Comments
- 1Posted by $ blarman 10 years, 6 months ago in reply to this comment.lol. Nice.| Permalink
- 2Posted by freedomforall 10 years, 6 months agoParaphrasing Killary, "It takes a government study."| Permalink
