Traditional Culture Encyclopedia - Traditional festivals - Using pictures to discuss the economic law that things are rare and precious?
Using pictures to discuss the economic law that things are rare and precious?
The law of value is the basic economic law of commodity production and commodity exchange. The law of value requires the principle of equivalent exchange in commodity exchange, which is realized through the two-way restriction of price and supply and demand. Therefore, when demand exceeds supply, prices will rise, thus expanding production; Oversupply will depress prices, thus reducing production. The law of value requires the principle of equivalent exchange in commodity exchange, which is realized through the two-way restriction of price and supply and demand. Therefore, when demand exceeds supply, prices will rise, thus expanding production; Oversupply will depress prices, thus reducing production.
For example, from an economic point of view:
1. The demand curve tells us that scarcity is the most valuable thing, and more goods are worthless;
2. The law of diminishing marginal utility tells us that the marginal utility brought by too many commodities will be less and less, or even negative;
It must be clear that "things" here, like commodities, must be valuable and useful.
- Previous article:Home-cooked Zhajiang Noodles practice
- Next article:The difference between m6 and m6 of Dream Blue
- Related articles
- What are the majors in economics
- The traditional culture of British autonomy
- I want to fry meat, beef and mutton, pork belly at home. How does the meat taste?
- Enhancing national cohesion
- Which rice rolls companies are doing well in Dongguan?
- The method and skill of selecting products
- How to use local resources to create a characteristic environment for kindergartens in pre-school teaching and research classes?
- Folk Customs and Habits of the Miao
- Is it better to squat with a trap or a gooseneck?
- How to simplify the audit process