4 ms·
What I stated is the textbook definition. For suppliers with fixed costs there are strong incentives to lower prices to stimulate demand sufficient to maintain
by throwaway48476 2y ago
What I stated is the textbook definition.
For suppliers with fixed costs there are strong incentives to lower prices to stimulate demand sufficient to maintain utilization where possible. The commodity NAND market is an example of this. The fabs are extremely sensitive to utilization which leads to wild profit and loss swings.