• atetulo@lemm.ee
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    1 year ago

    Hey, buddy. I got some news for you.

    Businesses charge what people are willing to pay. Full stop. Not what products cost to produce.

      • atetulo@lemm.ee
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        1 year ago

        Right. They’re selling as high above the production cost as people are willing to pay.

        It’s called ‘maximizing profit.’