[nmrm2]

No, I said if there supply of ad juncts halved or external motivators for not using ad juncts were strong enough (e.g., the public stops subsidizing your institution with tax dollars), then universities would hire more FTE positions.

In the status quo if half the ad juncts left the market, the supply wouldn't decrease. Bean counting schools would just lower their edu standards for ad juncts. Not hypothetical -- you can see this effect at schools in small towns.