2014-05-31

Pan Shiyi Slams Price Limits As Immoral and Against Common Sense

Pan Shiyi said this on price decline limits:
"In the first few pages of the textbook you must have a diagram, a line on a graph called the supply curve, another line called the demand curve, the intersection of the two lines corresponding to the horizontal axis is the volume, the vertical axis is the market price. This is the ABC of economics, it is common sense. If someone artificially limits price, to let some people make money, which is to dominate the market, this is immoral. "

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