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LSDefine

Simple English definitions for legal terms

supply curve

Read a random definition: caput comitatus

A quick definition of supply curve:

A supply curve is a line on a graph that shows how much of a product a seller is willing to sell at different prices. It helps us understand how the quantity of a product changes as its price changes.

A more thorough explanation:

A supply curve is a graphical representation of the relationship between the price of a good and the quantity of that good that producers are willing to supply. It is a line on a price-output graph that shows the quantity of a good that will be supplied at a given price.

For example, let's say that the price of a gallon of milk is $3.00. At this price, dairy farmers are willing to supply 10,000 gallons of milk to the market. If the price of milk were to increase to $4.00, the supply curve would shift to the right, indicating that dairy farmers are willing to supply more milk at the higher price.

The supply curve is upward sloping, which means that as the price of a good increases, the quantity supplied also increases. This is because producers are motivated to supply more of a good when they can earn a higher profit.

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BulbasaurNoLikeCardio
12:03
Dude wants to be famous and seen as a martyr this is his chance
GreyCeaselessMammoth
12:03
i think they want to roll the dice
I can understand that, but that's exactly why I would offer him a halfway decent plea deal as the DA. Maybe offer 25 years at medium security, as opposed to being guaranteed to die at ADX Florence.
snow
12:06
its a state case, right?
snow
12:06
not federal?
Oh yeah, my bad
snow
12:07
you're good, i was just making sure. yeah, i would take it to trial
snow
12:07
you just need one juror
snow
12:07
but i think that if i were the state, i would not be scared to bust the jury if i had to
I mean, you only need one juror to get a hung jury and a retrial, you need all 12 to get found innocent
BulbasaurNoLikeCardio
12:08
I do not see him doing a long time, if he is not punished hard then more (less attractive) crazy people will come out and start murdering for social justice and expect the same
BulbasaurNoLikeCardio
12:08
*him not doing a long time
snow
12:08
need to see what all he is charged with tbh
snow
12:09
and the possibility for parole in new york
snow
12:09
in texas murder is a 3g offense and he would have to do have that time before parole eligibility. idk how new york works
snow
12:11
half
BulbasaurNoLikeCardio
12:11
Too public of a case, they have to go hard on the dude and in a couple years when people forget I am sure he can apply and get a lesser sentence or possibility of parole added. Dude needs to blame all the self medication he did
snow
12:13
that works in his favor that the case is public, at least this case. thats why i think the state shouldnt be scared to bust the jury if they really want to get him
@snow: I don't know what you mean by "bust the jury"
Can you elaborate?
BulbasaurNoLikeCardio
12:15
I also do not forsee him being the kind of person being able to function and be good in prison. Going to be a wake up call
BulbasaurNoLikeCardio
12:16
He thinks his back is broke now... wait until Bubbah shows him what a broke back really is
snow
12:16
yep, in jury selection you get a panel of jurors come in and from there you eliminate the ones that you dont want, until you get twelve. "busting the jury panel" means that there wouldnt be enough jurors to form a jury for the case so they would have to get another panel
windyMagician
12:17
uw sending cycle update emails when they've had me in complete for 2 months is crazy work
snow
12:17
so if i were the state, i wouldnt be scared to go through multiple panels to get a good jury. the judge would probs be mad but oh well
windyMagician
12:18
he'll be fine in prison. he also probably has a fed case being built against him.
BulbasaurNoLikeCardio
12:18
I imagine getting a non-biased jury will be very hard
snow
12:18
thats why the state shouldnt be scared to go through multiple panels. the judge would probs get mad but its your case to prove
That makes sense. It's a plus for the state as well, since it's not like they're going to let him make bail. Any time up to the trial he'll just spend in jail
windyMagician
12:19
they got unbiased panels for Nikolas Cruz and Daniel Penny, it'll be fine
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