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>We don’t live in an Economics 101 world. We do, in fact, live in an Economics 101 world. Sure, you also need Economics 102-499 to fully explain how it all wo
by somewhat_drunk 3y ago
>We don’t live in an Economics 101 world.
We do, in fact, live in an Economics 101 world. Sure, you also need Economics 102-499 to fully explain how it all works, but applying Economics 101 to any economic situation will yield a correct understanding 90% of the time.
That said, the poster you're referring to is 100% correct: every service has a price at which people will perform it.