Announcement

Collapse
No announcement yet.

PSA: Don't Ruin The Stable Economy

Collapse
X
Collapse
 
  • Page of 2
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 template Next
  • #16
    There's a lot of ways to make gold in this game. Selling garnets is just one of them.

    It's time for you to figure out a new method of making gold.
    Economic Basics: Supply And Demand Tutorial | Sophia Learning
    https://www.sophia.org
    Define the basic principles of the two most important laws in economics; the law of supply and the law of demand. Supply and demand analysis is an extremely powerful economic tool, however it's often misunderstood. The first misconception I cover is the idea of "The Law Of Supply and Demand." This is a very popular statement, however it's not entirely true. There are in-fact, two separate laws: a law of supply and a law of demand. Each works independently of the other. I first cover the law of supply, followed by the law of demand, and finally discuss how they work together using some real world examples.


    Wanna Be One of Us?

    http://tiny.cc/boompanes01

    Comment

    • #17
      Prices of garnets, or anything for that matter will always stabilize by itself, no single person or group can change the price by themselves, law of supplies and demands will equalize everything. If prices drop, that's not because people are undercutting, it's because excess supply and thus people willing to pay less, and vice versa.
      Why do I stand up? To look down on you!

      Comment

      • #18
        Originally posted by Boom View Post
        There's a lot of ways to make gold in this game. Selling garnets is just one of them.

        It's time for you to figure out a new method of making gold.
        demand for a BJ from ya gonna be high af, bro u should def try increasing ur supply somehow to make mad af money
        • 2 likes

        Comment

        • #19
          Originally posted by CraZyZeuS View Post
          It doesn't matter how much people flood the market.

          If they decide to flood the market for 5G, then that is their loss. The economy recovers itself to the value it should be at based on supply and demand. If the demand is high, the price will be fixed afterwards.

          Even if you put hundreds of Garnets for 1G, it will eventually move back up.

          If it doesn't, then there isn't a demand for it and that is the population's fault.
          dat my zeus boi

          Comment

          Previous 1 2 template Next
          Working...
          X