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>they're free enough to ensure that superior products generally win out. Doesn't this imply that the customer has enough information to determine which is the
by quanticle 10y ago
>they're free enough to ensure that superior products generally win out.
Doesn't this imply that the customer has enough information to determine which is the superior product? In reality, it's quite easy to dress up an inferior product with lots of marketing, and gain great success in the marketplace. Heck, look at Beats headphones. They're not superior in any way. Yet, by carefully crafting a marketing message, and putting massive amounts of money behind it, they've managed to get a fairly large share of the market.