Message from @Admiral
Discord ID: 618983763036078150
how do you get such a curve?
well
You want to analyse a market at perfect competition conditions?
As I stated,
you start with an individual demand curve and try to aggregate the demand curves into a market one
but to do this
I know what you're talking about
you need presuppositions about reality
I am just unfamiliar with the English terminology.
now, the presuppositions about reality used *are false*
so we are using *non-evidential argumentation to construct a theoretical entity*
this isnt what the scientific method does.
You just said that they are based on empirical data...
demand is analysed, and then bundled into a curve for the entire market.
no
the law of demand is a presupposition
The law of demand?
That the higher the price, the lower the demand?
How is that a presupposition?
thats what gives you the shape of the individual demand curve
yes i agree
its a presupposition backed by evidence
but the aggregation of these individual demand curves
So where is the problem?
*is done by a method which uses false assumptions*
so we're constructing a theory based on *empirical falsities*
*this is unscientific*
As I stated, I am unfamiliar with the English terminology.
Explain what you mean by _individual demand curves_
the demand curve of an individual human
Since the demand graph would involve a measure of quantity that is demanded,
would it not only variate between 0 and 1 if it is an individual curve?
its not a probability?
...unless the individual wants several units of the product in discussion, I suppose
I was assuming each individual would only hold demand for 1 unit
its a measure of quantity and price
so it doesnt have to be 0<x<1
I meant
haha wtf!
0 or 1,