Really? In the graph I present, quantity is shown going up and price goes down.
And, it is exactly the condition that we are talking about in the health care markets with ACA. The supply curve shifts to the right as the quantity demanded increases.
Yes, that is a change in the supply. And it is a change in the quantity demanded. "quantity demanded", your term. As I learned it, the standard, is to apply the word "quantity" to a change along the curve and to refer to a movement of the curve as being an increase or decrease in supply or demand.
And, I am quite sure you will find this if you search on the terms.
Quantity Supplied and Demanded
"Demand refers to the overall demand for a good or service and "shifts" only when there is a change in income, taste, or in the demand for substitutes and/or complements. Quantity demanded refers to a specific quantity of a good or service consumers are willing to purchase at a given price."
"Changes in demand, therefore, are represented by "shifts" to the left or right of the original demand curve whereas change in quantity demanded are represented by "movement" along the demand curve."
That is what you said, "When quantity demanded goes up" and I showed, a movement along the demand curve.
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I hate to get all definitional, but on this one I have to because it is the thing about these terms that is highlighted in micro econ.
And, in review, I see you try to change the term you use from "quantity demanded goes up" to "a change in demand".
Not the same thing, and you are incorrect about the markets.
Your graph shows SUPPLY going up. I said DEMAND going up. How is this difficult for you to grasp? You take the S2 line out of your graph and replace it with a D2 line and price will indeed go up.
You said, "quantity demanded goes up"
The graph shows quantity demanded going up.
Don't try to bs your way out of it. It is in print.
Is that why you are so continuously wrong, because you are in denial about having made the error in the first place?
Really, how difficult is it for you to grasp? You do understand that "quantity demanded goes up" means that the quantity gets larger, right? You do see that the quantity is on the horizontal axis and price is on the vertical axis, right?
It is right in front of you. I cannot begin to comprehend what it is you are missing.
Then why exactly did you quote just the first sentence of what I said? You know, instead of the part afterward where I admitted my mistake. This is a very simply yes or no question; If you take out your S2 line which reflects an increase in supply of some good, which we are not talking about at all and replace it with a D2 line to the right of D1 which reflects an overall increase in demand, which is what I am talking about, does the price of that good go up?
I have been big enough to admit my mistake. You are now the one denying that which you yourself posted plus put right in front of your face by others.
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