4 ms·
There's nothing wrong with it, per se, but surely if you're at all a proponent of a market economy for the typical reasons, you would like to see prices as clos
by tshaddox 4y ago
There's nothing wrong with it, per se, but surely if you're at all a proponent of a market economy for the typical reasons, you would like to see prices as close as possible to marginal cost.
- wmf 4y agoThis is as close as possible because all the stuff that's not included in COGS also has marginal cost.
- lambdasquirrel 4y agoYeah... the COGS here is really not dissimilar to what it is across all consumer products, for the nerds out there who like to find out about these things. That's a pretty good indicator that this is the equilibrium.