3 ms·
It's a digital good (so marginal cost is zero). Price floors are the only thing stopping the average price from falling to zero. This means that an apple-impose
by _lex 13y ago
It's a digital good (so marginal cost is zero). Price floors are the only thing stopping the average price from falling to zero. This means that an apple-imposed price floor is enticing. However, apple can always remove the price floor once they have enough inventory to make their market appealing.
- wavefunction 13y agoTo zero? Maybe asymptotically as time progresses...