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That's still the market. The market isn't exclusively good, and has many failure modes. This is one of them.
by kick 7y ago
That's still the market.
The market isn't exclusively good, and has many failure modes. This is one of them.
- nothrabannosir 7y agoWhile true, this dilutes the value of the statement. At that rate every price point “is the market”, and nothing of further interest can ever be said about counter intuitive pricing. Sure, it’s the market. Why? Is it a Giffen good? Is it a case of very poor visibility of services to consumers? ...? There is something interesting going on, let’s figure it out.