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How does the free market account for the cost of researching options? I am sure I could find a better deal on many medical purchases, but the cost to find them
by chrisBob 8y ago
How does the free market account for the cost of researching options?
I am sure I could find a better deal on many medical purchases, but the cost to find them is significant. Purchasing the default/readily-available option is often the best bet because of the hours or days required to find a better solution. Spending a few hours to save $100 or a few days to save $1000 is a clear loss to me.