Wikipedia:Reference desk/Archives/Humanities/2019 February 20

Humanities desk
< February 19 << Jan | February | Mar >> February 21 >
Welcome to the Wikipedia Humanities Reference Desk Archives
The page you are currently viewing is a transcluded archive page. While you can leave answers for any questions shown below, please ask new questions on one of the current reference desk pages.


February 20

edit
 

Sorry if this seems like a silly question, but why exactly would we want the demand curve to shift to the right within Wikipedia, as stated here? (According to our pertaining article, such a shift would mean an increase in demand. So why should we want the demand to increase here, and not the suppy?)--Hildeoc (talk) 19:26, 20 February 2019 (UTC)[reply]

The demand curve shifting to the right is theoretically beneficial to companies, as it theoretically makes prices increase. ←Baseball Bugs What's up, Doc? carrots19:50, 20 February 2019 (UTC)[reply]
Demand is filled and goes towards zero as more Supply is provided. That is pretty much all the Line chart wants to show. The axis to the right resembles the quantity of goods, not the time. The chart shows not one sale but all possible sale states in sense of the more was offered (supply) the less demand remains (unfilled). It shows the simple relation between sale and demand. --Kharon (talk) 23:27, 20 February 2019 (UTC)[reply]
@Kharon: Sorry, but I don't quite understand your point, especially the phrase "The chart shows not one sale but all possible sale states in sense of ...". And why exactly are you referring to time? As far as I can see, no one has mentioned time. My question is: Why would we want the demand to rise in Wikipedia (and not the supply), according to Wikipedia:Laissez-faire#Basic_economic_foundational_underpinnings? I'm not sure whether your comment actually goes into that particular question.--Hildeoc (talk) 17:30, 25 February 2019 (UTC)[reply]
The Two-dimensional graph is usually the sum of all possible relations between a factors x and y. Else it was just a sum of points. So the Line S schows all numbers between the min and max or start and end of the line. Please read the Articles of the given Links to become familiar how graphes are generated. --Kharon (talk) 22:03, 25 February 2019 (UTC)[reply]
@Kharon: Thanks for your advice, but I know very well how graphs work – believe you me! As opposed to that, you might want to have a closer look at my actual question here ("Why would we want the demand curve to shift to the right?" – according to the caption of the graph used in Wikipedia:Laissez-faire#Basic_economic_foundational_underpinnings), as unfortunately, I still couldn't find any pertinent information dealing with that question as such in your comments yet ...--Hildeoc (talk) 14:34, 26 February 2019 (UTC)[reply]
Who is "we"? ←Baseball Bugs What's up, Doc? carrots16:29, 26 February 2019 (UTC)[reply]
@Baseball Bugs: ... the project, Wikipedia, anybody contributing to it – you name it. Regards--Hildeoc (talk) 14:01, 27 February 2019 (UTC)[reply]

I think the confusion (at least the unintentional part) may be the phrase “Why would we WANT ...” There is no “wanting” involved in a shift in a theoretical economic demand curve. Rather, it is a description of consequences that -should- arise IF the quantity of demand increased while supply was held stable. Desire, or whether such change is good or bad, has nothing to do with the subject.DOR (HK) (talk) 18:19, 27 February 2019 (UTC)[reply]