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The important part of that link was not during prohibition, which is irrelevant, because regardless of demand the number of people with access to alcohol was lower, but rather that after prohibition, usage rates did not surpass pre-prohibition levels.
When supply does not meet demand, prices rise
This is not an inverse relationship between supply and demand. The supply is not affecting the demand, which is what “inverse relationship” requires.
The important part of that link was not during prohibition, which is irrelevant, because regardless of demand the number of people with access to alcohol was lower, but rather that after prohibition, usage rates did not surpass pre-prohibition levels.
This is not an inverse relationship between supply and demand. The supply is not affecting the demand, which is what “inverse relationship” requires.
How many times do I have to tell you that this is impossible to know based off indirect estimates before you get it? Because this is the third time.
Maybe read to the end of that sentence and it will make more sense. I know it was a long sentence, and that’s scary, but I believe in you.
Are you okay? You seem to not be able to understand what “no direct data” means.
I don’t understand why you refuse to engage in good faith with a person who is just trying to teach you things, but now this conversation is over.
I don’t understand why you have a problem grasping basic concepts. 🤷