3 ms·

This doesn't forbid using recycled materials for cheaps products, you just don't advertise it.

• tomstoms 7y ago
  In 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 ago
    There 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 ago
      I should have added “all else being equal”. In context of the question I was trying to answer this still holds.