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Pastimes : Austrian Economics, a lens on everyday reality
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To: Don Lloyd who wrote (200)4/25/2003 5:15:28 PM
From: Don Lloyd  Read Replies (1) of 445
 
If it had to pay more for either copper or the secretary, it would go out of business and the market prices of both would rise at least incrementally.

Upon further review, -g-

If it had to pay more for either copper or the secretary, because of new supramarginal demand or a loss of existing supply, it would go out of business and the market price of the affected good (copper or the secretary) would remain higher and the market price of the other good would drop at least incrementally as the marginal demand of the plastic ring maker drops out.

Regards, Don
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