Friday, March 20, 2009
Supply & Demand
This morning N saw a poster for an exhibit at the Legion of Honors. The poster featured a Faberge Egg. We spoke about how art collecting could be very cool as it might combine the enjoyment of art (sculpture, paintings) with their appreciation in value. This led to a discussion of how supply and demand determine prices. I was surprised to find out that A already had a firm grasp of the supply and demand concept. I guess it was a relevant conversation for the current times of economic and financial uncertainty...
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