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Re: hdtv purchase now or later?



 http://en.wikipedia.org/wiki/Supply_and_demand

Kristian Erik Hermansen wrote: 
> OK, not to start anything here :-)  .. BUT!!!  Let's go through your 
> logic again!!! 
> 
> You say -> "Supply does not affect demand" 
> ... and that "If demand remains constant and supply increases, then 
> prices come down" 
> ... and that "Lower prices increase demand" 
> 
> I don't want to get into the a formal logic proof resulting in Q.E.D, 
> but here goes the simplified version... 
> 
> Assume that demand remains constant and supply increases.  By your own 
> statement, prices come down.  In such a scenario, again by your own 
> statement, this will increase demand, due to lower prices.  This 
> contradicts your original statement that supply does not affect 
> demand, since we began with the assumption that supply increases. 
> Thus, there must be some correlation between supply affecting demand! 
> 
> Don't make me break out prolog!!!!  Just kidding :-P 
> 
> 
> 
> On 9/27/07, Jerry Feldman <[hidden email]> wrote: 
>> On Thu, 27 Sep 2007 10:09:19 -0700 
>> "Kristian Erik Hermansen" <[hidden email]> wrote: 
>> 
>>> On 9/27/07, Jerry Feldman <[hidden email]> wrote: 
>>>> No. Supply does not affect demand. If demand remains constant and 
>>>> supply increases, then prices should come down. But, as David mentioned 
>>> You don't think lower prices would encourage new entrants into a 
>>> market, despite the same existing demand for prices at the normal 
>>> level? 
>> Price affects demand. Lower the price, demand generally increases. 
>> (Economics 101). What I said was that supply does not affect demand. 
>> However lowering the price also tends to reduce the supply. 
>> -- 
>> Jerry Feldman <[hidden email]> 
>> Boston Linux and Unix user group 
>> http://www.blu.org PGP key id:C5061EA9 
>> PGP Key fingerprint:053C 73EC 3AC1 5C44 3E14 9245 FB00 3ED5 C506 1EA9 
>> 
>> _______________________________________________ 
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> 
> 


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