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Market competition sets prices. Marginal cost = price only when you have competitive. Otherwise, you cannot use the advertised mission prices to determine their
by cromwellian 5y ago
Market competition sets prices. Marginal cost = price only when you have competitive. Otherwise, you cannot use the advertised mission prices to determine their costs.
They could invent a rocket that does $500/kg to LEO and it wouldn't matter one iota to their actual costs if 1) demand doesn't go up and 2) competition doesn't exist.