And yet it moves
In 1633, the Roman Inquisition convicted Galileo of heresy. His offense? He pointed out that instead of the universe revolving around the Earth (A), Earth circled the Sun (B). For that, he spent the rest of his life under house arrest. In 1992, Pope John Paul II finally acknowledged that the Church had erred in condemning Galileo for saying the Earth revolved around the Sun.
The law of supply and demand tells us that markets have one equilibrium point where those lines intersect (C). Every introductory economics textbook has some version of it, an idea that has existed for over 130 years. And it works for commodities like iron ore.
But that’s where it ends.
It doesn’t work for business aircraft, where many models offer varying combinations of speed and cabin volumes command an equal number of prices, all upheld by variable quantities sold (D).
To understand economics, you need Hypernomics (E). It’s available for presale HERE.
Your competitors may be content waiting 359 years to see the world as it is.
But you shouldn’t be.