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> each party's profit is necessairly limited by the other party's Profit is obtained by maximizing traded benefits and minimizing costs. None of this requires
by zozbot234 7mo ago
> each party's profit is necessairly limited by the other party's
Profit is obtained by maximizing traded benefits and minimizing costs. None of this requires taking anything away from any other party.
- bigbadfeline 7mo ago> Profit is obtained by maximizing traded benefits and minimizing costs. Gain is obtained by the easiest means available. Your narrow definition of profit is seldom the easiest, cheating is far "superior" especially when it's legal for some. > None of this requires taking anything away from any other party. "required" and "preferred" (e.g. because it's far easier) are different like night and day.
- MaulingMonkey 7mo agoTrade is just a combination of give and take. I give you X, and in exchange, take Y. Without the "take", it's not a trade, it's just a gift.