Comment by PaulHoule
1 day ago
The assumption that (b) happens is known as Say's Law
https://en.wikipedia.org/wiki/Say's_law
I can say that people are loathe to do it for various reasons.
1 day ago
The assumption that (b) happens is known as Say's Law
https://en.wikipedia.org/wiki/Say's_law
I can say that people are loathe to do it for various reasons.
No the assumption is just lower price increases demand