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> This is assuming products are priced based purely on cost No, I never made such assumption. > if a company cut their advertising ... do they also follow thr
by goodpoint 5y ago
> This is assuming products are priced based purely on cost
No, I never made such assumption.
> if a company cut their advertising ... do they also follow through
This is a strawman. The price point for a single product from a single company is subject to a million forces so nothing can be said. The behavior of an entire industry is a different thing and costs don't magically vanish.
This is like saying that if I heat up some water I cannot prove that each molecule changed behavior so heat transfer does not happen.
- slg 5y ago>No, I never made such assumption. Sure you did. Your argument was that all (or at least all advertising) costs are passed onto the consumer. >The price point for a single product from a single company is subject to a million forces so nothing can be said. The behavior of an entire industry is a different thing and costs don't magically vanish. That logic goes both ways and basically eliminates any point in having this debate.