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> demand for macbooks goes up when creative software gets cheaper Is this something you just made up, or does this really happen? Colour me sceptical.
by smilespray 2y ago
> demand for macbooks goes up when creative software gets cheaper
Is this something you just made up, or does this really happen? Colour me sceptical.
- plufz 2y agoI mean theoretically that makes sense? If you get more value for something it increases the chance of buying it? But I also have no idea if this statement is true.
- dash2 2y agoIt would probably be easier to test the other way round: demand for creative software goes up when macs get cheaper.
- brookst 2y agoIt’s a reframing of vertical integration, which does lead to lower prices or higher value assuming reasonable competition. You can also think of it as disintermediation (“cutting out the middleman”).
- raincole 2y agoComplementary good is a widely accepted economic concept. Of course, theories and the reality don't always match up. https://en.wikipedia.org/wiki/Complementary_good https://en.wikipedia.org/wiki/Complementary_good
- Nevermark 2y agoDemand for X goes up when prices for X go down. First day of Econ 101. If X consists of two complementary components, A and B, then if the price for either A or B goes down, then the total price for X goes down, demand for X goes up. Which means demand for A and B went up. Even if the price of only one of A or B went down. So if the price of A goes down, demand for B goes up. If software prices go down, then demand for the hardware to run that software on goes up.