Message from @Sophie
Discord ID: 685176783553036467
Except that it’s consumed at once, not over years.
Obviously yes it matters if it’s a one time use good.
Yes it’s introductory economics. If you had gotten further in economics the actual nuances of s/d would be explained to you
Sincerely, ask a professor.
I know you haven’t finished your degree
Everyone doesn’t buy the vaccine in one day. It’s over years and by different individuals and institutions.
First of all, no.
We’re talking about weeks, not years
Secondly, it doesn’t matter.
Standard s/d curves assume a RATE of market consumption
Here we have the rate changing as people drop out of demand after consumption
Vaccines won’t be finished in weeks, it’s buying time is over years
Like, just ground yourself in reality for a second
Right, the vaccine will be finished in about 18 months
Then the buying time is weeks
No, it isn’t bought out in weeks
Just like polio
It takes years
Ok.
Again, doesn’t matter
It does, since the demand curve will stay constant.
Again, no.
The new demand cancels out people who consume vaccines.
Nnnnnnnnope
There isn’t new demand
Only new supply
Think in reality for a second
Well there is, not everyone demands it at the same time
Why wouldn’t they?
Are you confusing demand with purchasing?
Honest question- what do you think a point on the demand curve represents?
Without using the term “demand”
In your own words
@Sophie Nobody demands a good at one singular time. For this vaccine the demand would be across years.
Are you able to answer the question?
You’re wrong, btw- but can you tell me what a point on the demand curve represents in reality?
It’s not a trick question, I just want to make sure we’re on the same page when it comes to what we’re talking about
> Are you able to answer the question?
>Asks 4 questions.
Sophie this is condescending, I'm not doing an QNA.
The one question is: what, in your own words, does a point on the demand curve represent in layman’s terms?