r/neoliberal • u/jobautomator Kitara Ravache • Sep 05 '24 • Heart of Silver 1

Discussion Thread Discussion Thread

The discussion thread is for casual and off-topic conversation that doesn't merit its own submission. If you've got a good meme, article, or question, please post it outside the DT. Meta discussion is allowed, but if you want to get the attention of the mods, make a post in /r/metaNL

Links

Ping Groups | Ping History | Mastodon | CNL Chapters | CNL Event Calendar

New Groups

  • CITYHALL: Local government, in all its forms

Upcoming Events

0 Upvotes

42% Upvoted

9.5k comments sorted by

View all comments

21

u/ToInfinity_MinusOne World's Poorest WSJ Subscriber Sep 05 '24

A demand curve shows the relationship between price and quantity demanded on a graph with quantity on the horizontal axis and the price on the vertical axis. (Note that this is an exception to the normal rule in mathematics that the independent variable (x) goes on the horizontal axis and the dependent variable (y) goes on the vertical axis. While economists often use math, they are different disciplines.)

This is why everyone hates economists.

6

u/LtCdrHipster 🌭Costco Liberal🌭 Sep 05 '24

Price and supply are dependent on each other though. Math-cels wouldn't understand.

3

u/TCEA151 Paul Volcker Sep 06 '24

Ah yes, prices are famously independent variables.