On 11/8/05, Kevin Schmidt <[EMAIL PROTECTED]> wrote: > Kevin, > > Wouldn't that just be economic equilibrium? The less there is, the more you > can charge. I wouldn't think profit would change that much because there > isn't that much to sell at that high price.
With supply in control of a very small number of corporations and without competition, there is no equilibrium. However, yes it could be explained that way. The small group of oil companies controlling western oil supplies is very similar to OPEC in it's net effect on price, but not similar in it's officially recognised structure. -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:180464 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
