3 ms·
> Now that person who traveled to all sorts of attractions continues to seek out new things -> bigger and better of course. More $$$. I wonder if this the only
by 627467 4y ago
> Now that person who traveled to all sorts of attractions continues to seek out new things -> bigger and better of course. More $$$.
I wonder if this the only trend pressuring prices up. Another effect of "bigger and better" is that it reduces the likelyhood of competition. And with less competition, there's less downward price pressure.
Another possible pressure is on why it has to be better. I don't think it's only consumer pressure. (Surely those who can't pay for "better" would rather stay at "good enough"). The problem is, what regulators consider "good enough" back then is not good enough today.
Some call this "progress". But some of these standards could be construed as protectionist barriers of entry