4 ms·
Nope, the efficiency is captured as profit only until other efficient competitors appear and lower the price. The price does _not_ "trickle down" to consumers
by tonyhb 7y ago
Nope, the efficiency is captured as profit only until other efficient competitors appear and lower the price.
The price does _not_ "trickle down" to consumers or employees until it has to. Again, theory: why would a company give away free money?