TokenBoomer@lemmy.world to Lemmy Shitpost@lemmy.world · 7 months agoIt's just businesslemmy.worldimagemessage-square180fedilinkarrow-up11.96Karrow-down146
arrow-up11.91Karrow-down1imageIt's just businesslemmy.worldTokenBoomer@lemmy.world to Lemmy Shitpost@lemmy.world · 7 months agomessage-square180fedilink
minus-squarebl_r@lemmy.dbzer0.comlinkfedilinkarrow-up2·7 months 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.