Quote:
Originally Posted by thehoodedcoder
the price, affects demand at that price. the condition that they buy is a bi product of the supply and demand curve with respect to the price at the given condition.
kevin
|
I think that's technically incorrect. Price impacts quantity demanded, not demand. If you change the condition of the card, you're technically shifting the demand curve out, not moving along the demand curve. Where you draw the demand curve depends on many things, but one of those things is condition. If you're thinking of the intersection of supply and demand determining price, a higher grade card has a demand curve to the right of a lower grade card (greater quantity demanded at all prices).