RV Fuel Issues & Prices - Post 'Em Here!
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Forum Discussion
Greydog 1 wrote:
...It's the old supply and demand thing,...
Please explain the "Law of supply and demand." I've been asking that for many years. The closest I've gotten to an answer is that " the market trades at the equilibrium point, which is where the Supply curve and the Demand curve cross". But what if they don't cross, or they cross more than once? Econ students spend coffee sessions pointing out real life situations where such anomalies occur.
