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On Aug 31, 8:37 am, "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net
wrote: Gattman wrote: Except, now there's a waiting list at the FBO for instructors to become available, so supply and demand says it ought to be a really good time to be a CFI... There's a waiting list for students willing to pay for a $15/hr instructor. If it goes up there may not any students at all. While supply and demand works well on the macro level it doesn't always do so on the micro level. No, supply and demand work great. As instruction rates go up, students will drop off and there will be less demand such that supply and demand will equal. We just don't like thinking about the idea that demand for instruction will go down. -Robert |
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