This might be a possible solution to the “supply-demand paradox”: sometimes things (e.g. concert or soccer tickets, new playstations) are sold at a price such that the demand far outweighs the supply. Standard economic theory predicts that the price would be increased in such cases.
This might be a possible solution to the “supply-demand paradox”: sometimes things (e.g. concert or soccer tickets, new playstations) are sold at a price such that the demand far outweighs the supply. Standard economic theory predicts that the price would be increased in such cases.