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@glenlackey2 wtf are you having at me for?

The question really is

'To make men more equal shall we bring the rich down. Shalll we steal from the wealthy in the name of equality'

@chjoezen Spot on. Conservatives have very inconsistent lines of logic on all most all topics. Libertarians are in general phenominally consistent.

@ek04show She thinks she is workinf for the oppressed. There is a big difference between intentions and implications.

@SaulOhio Fair does then.

@teaQ7 Both

A firm will stay in business if its AR > AVC because fixed costs approach 0 as output approaches infinity. That is in every short run time period average fixed costs are being reduced until they reach zero. Thus in the long run AR and AVC are more signifcant.

(In the long run there...

@vgastes The kinked demand curve theory assumes that AC = MC. This is becuase the long run AC is l shaped (it does not have a U shape) So yes if MC falls then AC falls which increases profit.

@jads92 also currency manipulation and protectionism distorts comparative advantage eg China fixes its currency against the US and thus exports a lot

@yinyue168 do you know of integration?

basically AC falls as MC starts to meet it and as MC starts to leave it AC is yanked up by it. The AC curve always trys to follow the MC curve.

@man4hire firms cannot meet new demand through increasing production because there is no spare capacity - so to profit maximise prices are increased (because AC,MC, do not move but demand does)

@dodoboy1212 you have more bargaining power

also it is cheaper for the seller to sell in bulk (less wages for salesmen eg) - which reduces MC - reduces price kinda logic

@henryhitchcox might have made virgin look worse as the product failed.

Anyway they are still sunk becase you cannoy recover them. You can have successful sunk costs, but they are sunk costs non the less

@hume1234561 It is socialism. That is the government controls the factors of production in this case Wall Street. All industries and groups want socialism for themselves. I want free money from the government for example. It is the role of documents such as the constitution, decleration of indepe...

@AdurianJ No its the same methodology different result.

@Badfellah She really objects to government using force to achieve colletive ideals. Not individuals being free to help others.

@cat1012000 They would love to charge 35% on credit but they cannot because of market forces. Other firms would just undercut them..

@MaoistRebelNews2 And who is this 'we' you associate yourself with? You and your champagne socialist mates?

Unions are part of the free market btw. The right to unionise is right of the free individual.

@pulsatingremedy Your quote reffering to Mises is actually to do with blaming socialists for the bad things fascists do.

2. There is a massive difference. I dont know what you mean by institutioal racism. I think Ron Pauls position by your evidence could be summed up as tolerating individual rac...

@MaoistRebelNews2 The invisible hand is us. It is the people. There is not mystical about it. It is the result of humans persuing their own gain and thus benefiting their fellow man.

These people in sweat shops are working there because that is the best job they can find. They could do another job but they think the sweat shop is the best job. This idea that there is something noble about not buying from sweat shops is a hippy dream. In reality all you are doing is condemming...