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Ok mr sceptic, where are your numbers showing consumers buy more of a thing after it becomes more expensive?
by SiempreViernes 8mo ago
Ok mr sceptic, where are your numbers showing consumers buy more of a thing after it becomes more expensive?
- logifail 8mo agoWas merely commenting on the observed preference vs stated preference issue (aka "the Say/Do Gap"), not the underlying point about raising prices.
- isnxjsjdn 8mo ago[dead]
- skeeter2020 8mo agoApple has done pretty well historically walking the line between mass consumer and Veblen good. Without them I don't believe we'd see the same variety of high-end devices, they somehow convinced a lot of people that the price of a phone is a signal of it's value.