making random graphs that show supposed relations on these super perfect lines, knew it was bullshit when i saw the supply/demand curve graph. absolute insanity
i know its supposed to be a 'simplification' but if you actually look at the real curves it looks like a kid smashed a bunch of lines everywhere with a crayon
Sonnenschein-Mantel-Debreu theorem basically says that you can achieve almost any shape of the excess demand curve that satisfies a couple of the most basic conditions.
making random graphs that show supposed relations on these super perfect lines, knew it was bullshit when i saw the supply/demand curve graph. absolute insanity
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i know its supposed to be a 'simplification' but if you actually look at the real curves it looks like a kid smashed a bunch of lines everywhere with a crayon
Sonnenschein-Mantel-Debreu theorem basically says that you can achieve almost any shape of the excess demand curve that satisfies a couple of the most basic conditions.
Supply and demand is a 5D torus that only I, Kissinger/Mises Fellow of International Fuckery, can comprehend.