3 ms·
That's entirely true. I just like to point out that the marginal cost is an impractical concept in most cases. The only thing that matters IRL is the average c
by littlestymaar 2y ago
That's entirely true. I just like to point out that the marginal cost is an impractical concept in most cases.
The only thing that matters IRL is the average cost, and as you point out, it is always monotonically decreasing for software and other IP-based businesses, which isn't the case doe for other kinds of industries.