(source is SMBC)

  • jacksilver@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    8 days ago

    That’s not really how demand is measured, demand is a function of price and usually equilibrium is a matter of where demand and supplu meet (using the most basic models).

    Producing 20 loaves could be the equilibrium point or 120 could dependant of what defines the supply line (based on material costs/labor).