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That's capitalism. The optimization function works towards maximizing profit over value. For a $2 sandwich, I would need to sell 100 at $3 to make a $100 profi
by yusufnb 3y ago
That's capitalism. The optimization function works towards maximizing profit over value.
For a $2 sandwich, I would need to sell 100 at $3 to make a $100 profit and just 10 at $12 to make the same.
- starbugs 3y agoThat only works if there isn't any competition.