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That's what you'd do in a command economy. In a market economy it's up to the company what they do; there are far more things "real people" try to maximize tha
by biosonar_ 4y ago
That's what you'd do in a command economy. In a market economy it's up to the company what they do; there are far more things "real people" try to maximize than just profit. You can see this as people acting irrationally, or you can see it as there're important factors your missing and/or not understanding.
Economists be like "guys, your doing it wrong - not maximising profit", economy be like "nah, your theories incomplete".