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Economics 101. Any producer would rather sell a tenth of the units at ten times the cost. This is one way to do that.
by vraivroo 7y ago
Economics 101. Any producer would rather sell a tenth of the units at ten times the cost. This is one way to do that.
- oarsinsync 7y agoI'd rather sell 100% at 10x the cost than 10% at 10x the cost. What's the benefit of deliberately reducing demand? Why not sell 10% at 100x instead of 10% at 10x by producing something that actually appeals to more, and is desirable by more?
- jonwachob91 7y ago>>> Any producer would rather sell a tenth of the units at ten times the cost * 10 times the PRICE. 10 times the cost means taking on 10 times the risk if units don't sell, while keeping the same reward (profit). :)