Furslid comments on How much does consumption affect production? - Less Wrong

4 Post author: erratim 05 January 2015 03:51PM

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Comment author: Furslid 16 January 2015 03:15:55AM *  0 points [-]

First, is that because they are different things it's not a contradiction to what I said.

The second is that elasticity is not validly applied to long term supply curves, as they are not a function of supply in terms of price.