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If the market works, the price should go down approaching production costs, i.e. time invested. If you are able to charge more than that, there is some kind of
by danbruc 4y ago
If the market works, the price should go down approaching production costs, i.e. time invested. If you are able to charge more than that, there is some kind of market failure like a lack of competition.
- randomdata 4y agoThat's tech in a nutshell. Being a race to finding some kind of moat (intellectual property law, network effects, etc.) to prevent an efficient market from being established.