4 ms·
> Isn't this good? The production at scale effects will kick in, lowering the price and supply will meet demand after some hiccups. You didn't account for the
by piva00 3y ago
> Isn't this good? The production at scale effects will kick in, lowering the price and supply will meet demand after some hiccups.
You didn't account for the "hiccups", which can vary from 5-20 years until competition catches up, longer than the life of many companies. In spherical cows worlds of economics that would be just a hiccup.