Not sure why downvoted, this is an important point: utility is sublinear in most dimensions of product quality. For example, a desktop computer with everything

Not sure why downvoted, this is an important point: utility is sublinear in most dimensions of product quality. For example, a desktop computer with everything the same but 2x the CPU speed is less than 2x as useful. Don't tell Dudley though: >>“Today you can buy an iPad 2 that costs the same as an iPad 1 that is twice as powerful,” he said.”You have to look at the prices of all things.” https://www.reuters.com/article/us-usa-fed-dudley-ipad-idUSTRE72A4AC20110311 https://www.reuters.com/article/us-usa-fed-dudley-ipad-idUST...