2 ms·
Probably going with the profit maximizing price. Which in a free market would still drop in price as supply increases to maximize profit.
by Scoundreller 2y ago
Probably going with the profit maximizing price. Which in a free market would still drop in price as supply increases to maximize profit.
- johanvts 2y agoWith competitors it would drop to margin cost, but without competitors I guess it becomes a function of the income distribution? Assuming cost pr. unit is fixed, it’s better to sell 1 unit for 100$ than 2 units for 50$.