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The market obviously exists. Apple is the seller, numerous other businesses are buyers, and they are buying, hence the current amount is an amount "the market"
by lotsofpulp 3y ago
The market obviously exists. Apple is the seller, numerous other businesses are buyers, and they are buying, hence the current amount is an amount "the market" is willing to pay.
- lxgr 3y agoAnd how do we call a market with only one seller and no chance of competitors entering the market? Sure, technically it's still a market, but I wouldn't consider it a remotely efficient one to do price discovery.