kaal:claim:4900880-008
The classical law of supply and demand fails on three specific grounds: supply and demand curves cannot be measured independently, economic interactions are intrinsically probabilistic, and goods and financial transactions are discrete rather than continuous.
Source quote, verbatim
However, this law faces several problems, such as the impossibility of measuring supply or demand curves independently, the intrinsically probabilistic nature of economic interactions, and the discrete nature of goods and financial transactions.
From
Cite as
Classification
failuresupport: arguedfailure: unmeasurable-supply-demand-curvesfamily: measurement-and-metric-failuretokenomicseconomicsresearch-methods
Related claims
Verify