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If excel makes billions in Asia, and provides more value than it takes (otherwise why bother buying it?) who is benefitting more of it? The companies it empowe
by epolanski 2y ago
If excel makes billions in Asia, and provides more value than it takes (otherwise why bother buying it?) who is benefitting more of it?
The companies it empowers or Microsoft's (global at the end of the day) shareholders?
- 0xDEAFBEAD 2y agoBoth are being empowered. Check out the concepts of "consumer surplus" and "producer surplus". If there's no surplus for either the producer or the consumer, typically there is just no transaction.