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Old Jul 27, 2007, 05:31 pm   #51 (permalink) (top)
MachineCode0110
Igneous Magma
 
Posts: 320
Quote:
Quote by: billybobama View Post
So the guy with the most guns and most strong men just killed their competitors and then charged what they wanted. This does not sound like a FREE MARKET to me.
"The guy" won't make a single dollar by charging whatever he wants.


A free market, such as Somalia during that time, is governed only by supply and demand.


At a high enough price, quantity demanded is zero.
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