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Nonetheless ramping up supply still solves the problem by driving prices down
by jdc 7y ago
Nonetheless ramping up supply still solves the problem by driving prices down
- jjeaff 7y agoIf any of them have half a brain, they are maintaining their regular prices and ramping up production and stockpiling them for the inevitable demand in a few more weeks.
- sailfast 7y agoThis is easily resolved by setting the price of ventilators as part of Title IV of the Defense Production Act (I would imagine) https://fas.org/sgp/crs/natsec/RS20587.pdf https://fas.org/sgp/crs/natsec/RS20587.pdf
- stale2002 7y ago> ramping up production and stockpiling them for the inevitable demand in a few more weeks. This still prevents future prices from increasing, which is good thing.
- fma 7y agoIn fairness, if your hourly workers are working overtime to "ramp up production" you need to pay them overtime of 1.5x (In China, it can be double or triple (forgot which one) since their workers were working during Chinese New Year) . Their costs increases and should be able to reasonable increase price to accommodate.
- monadic2 7y agoOnly if they actually decide to drive prices down. There is zero indication this is happening.
- deleted 7y ago[deleted]