Imagine your s/d chart

In this situation you have a demand curve that drops off sharply

Because it doesn’t matter how many vaccines are produced, the market will not consume them past a certain point

Yes Biden is still in the lead @BarronVon

Because vaccines are a 1 time fire-and-forget good

Unlike most medicine

Do you understand?

Y’all are arguing about a vaccine that we don’t need

It’s not even an epidemic in the USA

That's why the price will equibirate at the correct point. This is all related to the consumer side, not to the producer side. For example, if you reduce the price artificially the company will produce less - demand will rise too.

I have to prep for a meeting- do you have an Econ professor you can ask about this? @sɪᴅɪsɴᴏᴛʜᴇʀᴇ

I've asked myself.

No, that’s not how remand works

LOL

No sincerely, if there’s an Econ professor

اسيرو باربارباو

Ask them what the SD curve for a vaccine might look like

So, what you’re all saying is, subsidize the production of vaccines

It will be a fun discussion for your class

هيلوه

Heil satan

🇸🇦🇸🇦🇸🇦🇸🇦

🌚💔

هيلب

@abby_ella You could but at the same time I don't like subsidies

@Sophie Inelastic demand, supply pretty elastic.

biden 2020!!!

No

??

then whom

trump lmao

Trumps getting re-elected

based

based independent ?

probably not

hes getting re elected because the democratic party is a joke

they cant even get along as a party

thats why its gonna be an easy re-election

look at twitter

bernieorbust is trending

they wont vote for joe