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The article does a good job of differentiating between repairing high fixed cost items (like a bridge or house) and low fixed cost items (like electronics). It
by umeshunni 8y ago
The article does a good job of differentiating between repairing high fixed cost items (like a bridge or house) and low fixed cost items (like electronics).
It's also worth thinking about the labor cost of repairing vs manufacturing, especially in a world where manufacturing is automated and repairing is a very labor intensive process (diagnosis, sourcing replacement parts, performing the repair, verifying functionality post-repair etc).
This is probably the reason why repairing is generally more common in low labor costs markets than in the developed world.