4 ms·

You mean up, right? Forcing demand into a product drives the price up.

• account42 3y ago
  Only short-term unless the supply is static.
  • kortilla 3y ago
    That’s not at all how economics works. Unless a technology breakthrough comes in that reduces cost at scale, increased demand increases price. The only exception is if producers are already selling at essentially the marginal cost of production for the whole industry. This scenario is extremely rare, especially in base materials.
    • ceejayoz 3y ago
      Economies of scale can happen just fine without technological breakthroughs.
      • kortilla 3y ago
        They didn’t happen before engineered stone, why?