Supply-Demand Price Debate
The cluster centers on discussions of basic economic principles where commenters debate how shifts in supply and demand cause prices to rise or fall, often in contexts like limited resources or increasing market demand.
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Increase price and demand will drop to match supply.
Less demand, less produced -> higher price for all
Bounded supply + rising demand = rising price, no?
Increasing supply will raise prices? Huh?
Demand going up does not always mean that pricing goes down. Especially when supply is limited
Can you explain in this context? Because prices do go down if supply exceed demand.
Exactly. Prices aren't determined by costs. They're determined by supply and demand. This might indicate demand continues to increase relative to supply.
It increases the prices as supply is reduced overall.
I agree. It’s a simple matter of supply and demand. Want more supply? Raise the price!
Prices are high because demand is high and supply is low. Yes, that gets covered.