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>Are you aware this will make everything way more expensive? That depends how long things last on average. If things get 25% more expensive, but tend to last t
by aninhumer 9y ago
>Are you aware this will make everything way more expensive?
That depends how long things last on average. If things get 25% more expensive, but tend to last twice as long as a result of the legislation, they're actually much cheaper than they were before.
The problem is, consumers don't have a good way to compare product lifetimes, so they tend to judge based on sticker price. Mandating minimum lifetime makes these prices more meaningfully comparable.
Although personally, I think an even better market solution would be to mandate that products list price per guarantee-year prominently.
- karrotwaltz 9y ago> price per guarantee-year This is an interesting lead. Increasing consumer awareness would also incentivize companies to increase guarantee years, reducing perceived price.