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Ohio State to raise ticket prices?

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MaxBuck;2300258; said:
Contrary to your simplistic and insulting comments, the demand curve does shift over time. Customer accustomization to changes in pricing does occur. For evidence, read the Monex explanation of gold scrap pricing changes in 2011 at 2012 GOLD MARKET OUTLOOK from Thomson Reuters GFMS.

You need to get a little more decaf, buddy. And recognize that you don't have all the answers just because you "took Econ 101." Some economics lessons aren't taught in the introductory course.
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That's rich, coming from one of the most insulting, argumentative posters on BP.

That aside, I'm still waiting for you to show me some kind of reliable source that stands for the proposition that a change is price results in a shift in the demand curve, because that Monex article doesn't say what you apparently think it says. And, by the way, a simple Google search will result in countless articles supporting the proposition that a change in price does not shift the demand curve.

But I get it--your schtik around here is to be the BP contrarian and start arguments with people for no apparent reason and certainly with no basis. But enough--I realize this discussion is taking time away from your favorite activity:

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JBaney45;2300264; said:
Well this is about terminology here.

The price changes are still not shifting the demand curve in this instance. The anticipated increase in the return on gold as a result of inflation, market instability etc is causing the demand to increase. In the ticket example I would liken it to say..OSU having a game against a team and as the match up draws closer it becomes apparent that the game will have more at stake/be a better contest (think: OSU-Michigan 2006). The expected increase in return is what is causing the demand shift not the fact that the price shifts from x amount of dollars an ounce to y amount of dollars per ounce
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Glad to see someone else on BP can read. Greenies to you. Shocking that Max still can't find support for his "No, the world really is flat" claim.
 
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buckeyesin07;2300687; said:
... your schtik around here is to be the BP contrarian and start arguments with people for no apparent reason and certainly with no basis. But enough--I realize this discussion is taking time away from your favorite activity:

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Apparently you are in the school that believes that insults win arguments - they don't. I'm sure that tendency of yours has served you well in business. :lol:

How this discussion of ticket prices devolved into a shit-throwing contest by a bunch of amateur economists is beyond me. There's probably not a lot more to say about it, though; ticket prices are going up, and there's fuck-all we can do about it other than refuse to pay them. Time will tell how many of us choose that means of making our voices heard.
 
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MaxBuck;2300711; said:
How this discussion of ticket prices devolved into a shit-throwing contest by a bunch of amateur economists is beyond me.
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Good question.....a better question is:

If we started charging people to read this thread, would as many people read it? :lol:
 
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Bingo... Sorry I started some type of a debate with my drunken stuper of a post... I quickly admitted my mistake

Movement along the curve... Not a shifting of the curve.

buckeyesin07;2300248; said:
:lol:. I ask for a link that support Max's argument that price can shift a demand curve over time, and you post an article that says the following:

So, yeah, that basically supports exactly what I've been saying all along and flies directly in the face of what Max said. And, BTW--no clarification of terms is necessary--both gbear's original post (which, to his credit, he admits now is wrong) and Max's post spoke to a price change shifting the demand curve. That is flat out wrong and, as anyone who's spent an hour in an Econ 101 lecture can tell you, is much different than moving along a demand curve. The fact that some people around here (not pointing fingers) don't understand that a shift in the demand curve and a movement along a demand curve are not the same things doesn't make Max's claim that price can shift the demand curve any more true.
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