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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (614363)	6/3/2011 5:27:13 PM
From: TimF	Respond to of 1577918

Links for the idea that pushing up demand tends to increase the total amount spent? Try taking econ 101. If you have already try paying attention this time. Sure its not a universal thing, there are special exceptions, but its the norm, even an overwhelming norm. Increasing demand also often results in increased prices, but the assertion I'm defending here isn't that, but the more certain idea that all else being equal increasing demand will result in more being spent (either through more supply, higher prices, or both). In theory you could have absolutely inflexible supply, and demand that drops to zero at the slightest price increase, then you would have shortages rather than higher spending, but that is a rather fantastical setup for a market. More realistically you could have some other factor that happens at the same time, which causes prices to drop so much that even as demand and supply both climb, and more gets done, your not paying more in total, but then it would still be true that the increase in demand exerted upward pressure on spending (while the other factor exerted a larger amount of downward pressure).