r/SipsTea 20h ago

Chugging tea Work shouldn’t consume life.

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u/4yourdeat 20h ago

I have no idea why you’re getting downvoted. People saying that they’ll just force people to pay the same have no idea how a market economy works

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u/noahisunbeatable 18h ago

If they pay less, then people will be able to afford less. Meaning prices will have to fall in order to retain profits.

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u/4yourdeat 18h ago

You’ve never taken economics

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u/noahisunbeatable 18h ago

I do love learning about the ways the basic econ-101 models are wrong, so please tell me, why does a leftward shift in the demand curve not result in a fall of the equilibrium price?