5 ms·
It doesn't follow that reducing efficiency helps in the long run. If producing a good or service takes 10X less work than it used to, that good or service will
by osigurdson 3y ago
It doesn't follow that reducing efficiency helps in the long run. If producing a good or service takes 10X less work than it used to, that good or service will become cheaper. The only force that can stop this is regulation.