You lower the price of that good or service

We got ourselves an economics expert!

market curves are false

So when you increase labor

It's basic economix doe

You’re lowering the price (cost) of labor

Remember were talking about immigration on the economy.

It's like super ez to understand

We’re*

sonnenschein theorem destroys the idea of a measurable market equilibrium

So when I say that immigration lowers the cost of labor, I’m talking about a rightward shift in the labor supply

Doesn't take an economic expert

Understand?

There’s no such thing

There is wdym

Economics is purely common sense.

Right, so now that labor is cheaper

Well supply and demand is as common as common sense can get

Companies can hire more people, if they want to

And that lets them produce more stuff

Yea but wages don't go up you see

That makes the economy healthier and increases gdp

OK, so you’re concerned about wage depression from immigration?

except supply and demand models for the market dont imply aggregations methods are valid

and theyre not

Or are you concerned that companies are shipping jobs overseas?

hence supply/demand analysis for markets are faulty af

Lol

Because those are competing and incompatible issues

@Green Syndicalism is incorrect.

yea lets debate bitch

you start off with an individual demand curve

Nice way to start a debate

and you get to a market demand curve by?

you need certain conditions to be true to do this

What we’re talking about is principles of shifts in supply and demand curves

but those conditions arent true

Not literally whether a curve can be determined

hence you cant aggregate market demand curves

What conditions aren’t true

sonnenschein conditions