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No! The supply-demand curve intersects at $100 and not $70. 70/30 split is an internal transaction and cost of doing business. No different than distributor cut
by systemvoltage 6y ago
No! The supply-demand curve intersects at $100 and not $70. 70/30 split is an internal transaction and cost of doing business. No different than distributor cut if you’re selling physical products.
The customer paid $100. That is by definition the price. All costs are relative to the price. For example, sales tax or transaction fees.