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Question And Answer

Ponca Dan

MegaPoke is insane
Gold Member
Dec 7, 2003
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Question: In the marketplace how do you know when the price for a product is “fair?”

Answer: You know the price is fair when someone is willing to pay for it.
 
So in an emergency gasoline and generators should be auctioned off to the rich.
 
So in an emergency gasoline and generators should be auctioned off to the rich.
It’s called the law of supply and demand. It’s one of the few economic laws that are universal, applied to everything in every situation, no matter what. Of course some people can get the government to use violence or the threat thereof to delay that law, but eventually it will reappear. It’s one of the reasons socialism fails every time.
 
It’s called the law of supply and demand. It’s one of the few economic laws that are universal, applied to everything in every situation, no matter what. Of course some people can get the government to use violence or the threat thereof to delay that law, but eventually it will reappear. It’s one of the reasons socialism fails every time.

We’ve all had Econ 2203 there boss
 
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