6 ms·
Only if you believe that the invisible hand of the market doesn't work
by ta1243 1y ago
Only if you believe that the invisible hand of the market doesn't work
- robertlagrant 1y agoI'm not sure government incentives allow the free market to do its work, then. Why would you think it would?
- ta1243 1y agogovernment incentives help to reduce the externalities You seem to think that two companies selling product A will rather sell 50 for $10 per unit profit than 100 for $9 per unit profit because it's easier. I mean, it's a view, sure.
- robertlagrant 1y agoIt's not my view, though. I already said what I think is more likely to happen.
- antisthenes 1y ago> You seem to think that two companies selling product A will rather sell 50 for $10 per unit profit than 100 for $9 per unit profit because it's easier. If the numbers are closer, then that's exactly what happens. Would you rather sell 50 units for $19 per unit or 100 for $10 per unit? Option 1 gives you way less overhead and headache with cheap-o customers.