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But making cheaper widgets can increase widget demand to an extent, right? Maybe guy B, who couldn't afford a widget before, can now buy one. By producing mor
by PebblesRox 17y ago
But making cheaper widgets can increase widget demand to an extent, right? Maybe guy B, who couldn't afford a widget before, can now buy one. By producing more widgets for the same total cost, you are increasing the amount of wealth in the world.