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Sure it is, it is called consumer surplus and it is a very well studied concept. If that has led to more productivity, that can be measure be real and measured
by williamcotton 11y ago
Sure it is, it is called consumer surplus and it is a very well studied concept. If that has led to more productivity, that can be measure be real and measured exchange of value captured elsewhere in the economy. That's the whole point of GDP and frankly, the whole point of economics.