Posted by Elliot on Saturday, October 31, 2009 at 6:02pm.
Isn't it amazing on the Walmart Shelf (things advertised on TV) are so cheap?
Err, I still don't understand?
What I am saying, if it is easy to make (say a plastic wonder kitchen tool) that is made in great quantity, once demand drops, the price drops dramatically. The items are virtually worthless. Walmart sells them.
So the quantity supplied moves down the supply curve?
yes.
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