4 ms·
Not sure how trade secrets are dismissing the point of profit being a cost.
by asdff 2mo ago
Not sure how trade secrets are dismissing the point of profit being a cost.
- inemesitaffia 2mo agoThey dismiss them because if you know how something is made and your competitors don't, you always have a market edge. I consider the RD-180 engine from Russia better than Merlins from SpaceX, for example. You can charge more or make higher margins at the market clearing price. I thought everyone has done at least one semester of microeconomics at high school level, but the internet challenges my assumption frequently.