this post was submitted on 26 May 2024
323 points (93.3% liked)

Comic Strips

11225 readers
2833 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] aesthelete 3 points 1 month ago* (last edited 1 month ago) (2 children)

The textbook intro examples of the law of supply and demand aren't even true in practice.

They're all like "prices on ice cream will rise when it's hotter out so there is more demand for it!" and I have never found that to be true at fucking all.

[–] [email protected] 2 points 1 month ago

That and I've never seen prices ever go down for any reason whatsoever unless it's some already volatile thing like oil/gas.

[–] [email protected] 1 points 1 month ago

Coke invented a vending machine that would automatically raise prices as the temp went up, but there was outcry after its announcement so it was never released

https://theuijunkie.com/coca-cola-variable-pricing/