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weemac

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weemac

Re: crazy horse 0 post# 874

Sunday, 11/02/2014 8:49:33 PM

Sunday, November 02, 2014 8:49:33 PM

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It doesn't matter how much it costs. When the supply curve slides over it doesn't care where the market equilibrium is. The supply curve can slide past production cost if external sources outweigh market demand. Same thing happened with housing prices and the recession.
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