08-28-2018, 03:51 AM
Tom, he/she was implying economics of Hawaii shipping doesn’t make sense compared to a basic economic principle.
The reason it doesn’t apply so well to Hawaii is because most of the goods that are shipped here are not produced here and won’t ever be so there is always high demand and always low supply, which means the goods value does not change based on demand because the demand is constant. Therefore the base claim is a finite value - absolute demand.
If you (read:anyone) took a basic economics class but had no knowledge of Hawaii’s economics or US shipping policies then it would indeed make no sense as glassnumbers asserts.
The reason it doesn’t apply so well to Hawaii is because most of the goods that are shipped here are not produced here and won’t ever be so there is always high demand and always low supply, which means the goods value does not change based on demand because the demand is constant. Therefore the base claim is a finite value - absolute demand.
If you (read:anyone) took a basic economics class but had no knowledge of Hawaii’s economics or US shipping policies then it would indeed make no sense as glassnumbers asserts.