TokenBoomer@lemmy.world to Lemmy Shitpost@lemmy.world · 2 years agoIt's just businesslemmy.worldimagemessage-square177linkfedilinkarrow-up11.98Karrow-down149
arrow-up11.93Karrow-down1imageIt's just businesslemmy.worldTokenBoomer@lemmy.world to Lemmy Shitpost@lemmy.world · 2 years agomessage-square177linkfedilink
minus-squarebl_r@lemmy.dbzer0.comlinkfedilinkarrow-up2·2 years agoThey are making the assumption that demand is constant because the product is a necessity (such as with something like insulin). Profit at higher volume and lower prices only happens with products with elastic demand.
They are making the assumption that demand is constant because the product is a necessity (such as with something like insulin). Profit at higher volume and lower prices only happens with products with elastic demand.