>In a very competitive market... Yes, that was exactly the point that vasco was worrying about earlier in the thread since we don't yet know if it will be comp

>In a very competitive market... Yes, that was exactly the point that vasco was worrying about earlier in the thread since we don't yet know if it will be competitive market. I was refuting the point that price is dictated by marginal cost. It is dictated by the level of competition. If there is competition, we generally wouldn't have to worry about it only being available to billionaires.