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re: ULL going to Fan-Friendly Concessions Prices
Posted on 6/27/19 at 11:13 pm to tigburls
Posted on 6/27/19 at 11:13 pm to tigburls
quote:Because he stated it backwards. It depends on the driving factor.
I guess Lnchbox stated it weird but why do so many people on here not understand simple microeconomics? Demand does increase as price goes down.
He said increased demand correlates with lower prices.
Increased demand leads to higher prices.
Lower prices lead to increased demand.
I understand now what he meant, but it would have been clearer if he had flipped the two.
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