Nintendo Wii Case: Are we going back to classical economics law?
This entry was posted on 1/16/2007 1:36 AM and is filed under General.
Today I've missed the chance to put my hands on Nintendo Wii again, by the time I got to the store, they were all sold out. It's not a big deal but it made me think back about a thing I learned from the faculty of economics back in university.
Could
Say's Law's "Supply creates its own demand." be applied to the case of Nintendo Wii's demand and supply situation?
Of course, this is not how things work from the modern economics perspective, but it does seem like no matter how many Wii consoles Nintendo feeds to the market at this moment, they're all going to be purchased right away. Just trying to make a joke out of it while I'm still on the wait. And since I've mentioned about the Say's Law of the
classical economics school, those who are not familiar with these stuffs could find the answers by clicking at the 2 links I provided above or
here. They're interesting topics and knowledges worth spending your time with though.
Pomme-Genozide
www.GenozytE.com
