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Shrinkflation is very real and illustrates that companies still have some agency based on profit/greed in determining prices.
by vsareto 4y ago
Shrinkflation is very real and illustrates that companies still have some agency based on profit/greed in determining prices.
- econ101time 4y agoThe alternative to shrinkflation is just raising the price (or raising it more). Yes, it's toying with sticky demand psychology, such that a plain price increase would produce a less favorable equilibrium for the seller, but I'd be surprised if it was a significant driver of inflation.