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You'd still expect recycled material to be used in preference to virgin materials for cheap products, if recycled material is actually more efficient.
by barrkel 7y ago
You'd still expect recycled material to be used in preference to virgin materials for cheap products, if recycled material is actually more efficient.
- C4stor 7y agoThis doesn't forbid using recycled materials for cheaps products, you just don't advertise it.
- tomstoms 7y agoIn an economic system, a product will be sold at the highest price possible, so if advertising it as using recycled materials nets you higher profit, than you will do that. So even if non-recycled is more expensive to produce, it will be cheaper if people are not willing to pay as much for it.
- C4stor 7y agoThere a lot of cases of the exact same product being sold at different price tags under different names/brands. In an economic system, a product tries to be sold at the highest price possible _for each potential buyer_, not as a whole.
- tomstoms 7y agoI should have added “all else being equal”. In context of the question I was trying to answer this still holds.
- coldtea 7y agoAnd it happens all the time. But no need to brand it especially, and kill the lucrative recycled lines by associating recycled with el-cheapo...