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Once a product becomes so big it cannot increase in market share the only way to increase the total amount of profit it generates it by reducing the cost to pro
by bitmasher9 3mo ago
Once a product becomes so big it cannot increase in market share the only way to increase the total amount of profit it generates it by reducing the cost to produce the product or increasing the price.
- ramgine 3mo agoThis seems like what he said but less words
- pjc50 3mo agoIt feels like this observation should be in Marx somewhere (but in way more words badly translated from German)
- bitmasher9 3mo agoIt’s a more acute observation about market dynamics than what is usually found in Marx. Marx heavily discusses how humanity interacts with capitalism, and focuses its market analysis on the labor market.
- deleted 3mo ago[deleted]