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> Given this, why doesn’t spaceX jack up its prices? I mean it could double them on these numbers and still be less than half the competition. Depends on the e
by mr_toad 3y ago
> Given this, why doesn’t spaceX jack up its prices? I mean it could double them on these numbers and still be less than half the competition.
Depends on the elasticity of demand. Maybe if they doubled the price the demand would more than halve, resulting in a lower revenue. It’s hard to tell.