CopperLine wrote:What are the 'laws' of supply and demand ? I hope that people don't mean that when supply is restricted that prices are high and vice versa. This is not a law, it is a delusion (or mystification).
The Law of supply and demand is an accepted term used in economics. It does not mean law in the legal sense, the word rule could be substituted for it (law). If you still question the use of the word law in this context I suggest you "Google" it, you may learn something Copperline.
