Spit it out

lol no

it's time to study some calculus. average labour time will be the inverse of the derivative of supply, to believe in the LTV you already believe in supply and demand lmao

The ltv doesn’t contradict supply and demand

I don’t see how this is a refutation of the theory.

It’s pretty uncontroversial in economics that there exists certain conditions in a market where supply and demand can no longer explain the price of a commodity. This isn’t something that’s proprietary to marxism

what is the derivative of supply?

>It’s pretty evident in economics that there exists certain conditions in a market where supply and demand can no longer explain the price of a commodity.
Where m8?

You're yet to demonstrate anything

marx was based here Ill give you that

Yeah we haven’t made it past the point of me explaining the theory that you don’t understand. There are conditions in which supply and demand reach equilibrium and can no longer explain the price of a given commodity on the market.

And that quote you posted asking about that is somehow not what I said even though I assume you took it directly from the chat

Do i have to ask "where" for the third time for you to give a concise answer?

What

Well I’m quoted as saying it’s pretty evident, and that’s not the claim I made

What I had said was is that it’s uncontroversial

sorry i misquoted you

Regardless

Answer, where

So the question is where is equilibrium price?

No

Where is it unexplainable by supply and demand

If supply and demand are in equilibrium how is it that they can explain price.

How do you predict the price of commodities that have closely equivalent supply and demand

What do you think equilibrium is? Equivelence is defined by unit ratio of 1:1

I don’t see how that is an explanation of price in equilibrium

Why don’t we just go over the predictions the theory makes and the evidence supporting them

Because it’s clear you don’t have any other kind of refutation in mind

>dont respond for 2 minutes
>muh no refutation
bro chill, wait

I didn’t say that because of the response time

What units are you thinking when you talk of supply and demand?

I said that because you haven’t revealed any intention to demonstrate that the theory is contradictory, ad hoc, or that it has any other logical problems internal to it

What units are you thinking when you talk of supply and demand?

So I figure your best bet is just to try and attack the empirical front

What units are you thinking when you talk of supply and demand?

Considering you hardly understood the theory before we started talking

What units are you thinking when you talk of supply and demand?

I don’t see how that’s relevant

It just seems like a dodge really

Trying to dodge dealing with the data that supports the theory’s predictions