supply elasticities are always and everywhere, zerohttps://twitter.com/FreedomWorks/status/1056685807300435969 …
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last time i posted about that several people corrected me that Important Economic Laws dictate that the opposite must happen which absolutely confirmed me in the observation
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i mean, okay, supply elasticity, but the subsidy now forms an absolute floor to the price, and if the subsidy is elastic you don't even need to compete to collect it. normally price reduction relies on greed overcoming natural instincts to cartelism but that's shot now
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