Supply-Demand Erep Style
Day 1,576, 19:34
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Published in USA 
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by
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by Dodona
Greetings,
Today we will talk about the basics of supply/demand and the equilibrium point, which is where the supply meets demand and the market price is decided.
Do not worry, I will be brief.
This is how a basic supply/demand graph looks like:
Now let's see an eRep example. Take the housing market.
This is how it looks like after today's announcement:
Cheers
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Pretty much. I can't afford a house at these rates, and people with many houses are going to cash out pretty handsomely it seems.
v
People who buy houses are dumb.
Demand Law (cheers!)
- HardVoted -
eRepublik Does It Like a Boss.
True story ...
The issue is that the guys here they are not sure what they are doing.
eRepublik Does It Like a Boss +1
we decide and we order
Voted
v+s
sostos!!!
v
the rich keep getting richer!
You guys think houses are going to cost more then they are already on the market for? (People who have been holding houses since they were removed.) Personally I kind of doubt it,
TheNorm, point is that houses were already too expensive and admins shot them even higher (much higher) with their announcement. Plus they created an incentive for the rich guys to play with the market (recycle houses at 99,999), trying to drive the final price as high as they can. I don't know exactly how it will turn out in the end (how can I know what the gurus will do?😉, but I do know that a ton of houses will be sold (to admins) for a very high price.
nice