Price elasticity

Off Topic » in reply to Police and the military go through a lot practicing.

Price elasticity

ER — 7/7/2013 6:00:43 PM (archived)

Production does not alter to meet demand. It is adjusted to maximize profit. And demand is now driven more by ideological and psychological factors than it is by consumption.

Its either that, or Obama is buying up all the ammo and warehousing it in Beirut.

The whole thread (12 posts)

Ammunition Shortage - RobVG - 7/6/2013 2:04:29 AM
- not in these homes, - podrock - 7/7/2013 1:36:44 PM
- I don't get it. - bowser - 7/7/2013 6:57:15 AM
  - I don't either. - RobVG - 7/7/2013 5:56:24 PM
  - Competition shooters go through a lot, especially when practicing. - ER - 7/7/2013 5:14:32 PM
    - Police and the military go through a lot practicing. - bowser - 7/7/2013 5:33:52 PM
      - If they increase production to meet an artificial demand they're going to loose $ when it returns to "normal". n/t - RobVG - 7/7/2013 6:02:18 PM
        
        Maybe they're betting they can time it just right. - ER - 7/7/2013 6:23:40 PM
      - Price elasticity - ER - 7/7/2013 6:00:43 PM
- No shortage around here. - ER - 7/6/2013 2:40:35 AM
  - The Great Ammo Shortage of 2013 - RobVG - 7/6/2013 4:30:42 PM
    - Excellent article, maybe because it pretty much echoes my views on the subject. - ER - 7/6/2013 5:59:53 PM

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