Graph 1 vs 2 make different assumptions about the distribution of the relationship. Graph 1 states that the relationship is linear whilst graph 2 states that is curvilinear and the relationship reaches at some point a threshold which, in my opinion, better represents the nature of the phenomenon under consideration.
The lines are parallel. These parallel lines going up is what we call a market bubble. The veblen goods supply and demand is racketeering. The parallel lines going up are quite stable. Not really a bubble to pop. As the lines go up on the right side of the racketeering parallel lines. The more the investors have profits available to make - equals to what they have to buy their own products. Let me repeat. Parallel lines are stable. A stable racketeering equation. Veblen goods investors are the only ones who can afford veblen goods prices. In racketeering. Normal supply and demand math doesn't have stockholders in the math. These lines are not parallel. So everyone can afford to participate. And not limited to only stockholders in the shopping market. Stockholders are the only people who can afford shopping in the veblen goods market. Normal supply and demand math has an equilibrium, this is also very stable. If the lines meet in the middle of a big X on the math chart, this is not racketeering. This is a stable equilibrium equation.
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Graph 1 vs 2 make different assumptions about the distribution of the relationship. Graph 1 states that the relationship is linear whilst graph 2 states that is curvilinear and the relationship reaches at some point a threshold which, in my opinion, better represents the nature of the phenomenon under consideration.
Tq sir easy to understand you way of teaching
Thank you. Good explanation.
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The lines are parallel. These parallel lines going up is what we call a market bubble. The veblen goods supply and demand is racketeering.
The parallel lines going up are quite stable. Not really a bubble to pop. As the lines go up on the right side of the racketeering parallel lines. The more the investors have profits available to make - equals to what they have to buy their own products.
Let me repeat. Parallel lines are stable. A stable racketeering equation.
Veblen goods investors are the only ones who can afford veblen goods prices. In racketeering.
Normal supply and demand math doesn't have stockholders in the math. These lines are not parallel. So everyone can afford to participate. And not limited to only stockholders in the shopping market. Stockholders are the only people who can afford shopping in the veblen goods market.
Normal supply and demand math has an equilibrium, this is also very stable.
If the lines meet in the middle of a big X on the math chart, this is not racketeering. This is a stable equilibrium equation.
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