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If demand is so high it seems like they could achieve profitability just by raising the price.
by krrrh 8y ago
If demand is so high it seems like they could achieve profitability just by raising the price.
- dmix 8y agoNot so simple in such a highly price-sensitive marketplace as the consumer auto industry.
- whatshisface 8y agoAny barrel of oil you produce will find a buyer, but if you sell it for one dollar more than the market price the number of people interested in doing business with you will drop from millions to zero instantly. That's what it means for something to be a commodity. Cars are not quite as bad, but at the same time each car isn't exactly an artisan masterstroke with no substitute.