Something a lot of people don’t understand (you obviously do) is that pricing is not based on what something costs. It’s based on the absolute maximum a consumer is willing to pay. If they cut costs somehow, they just pocket the difference. If it costs more to make than a consumer will pay they just don’t make it.
So they’ll lower prices. Right?
Something a lot of people don’t understand (you obviously do) is that pricing is not based on what something costs. It’s based on the absolute maximum a consumer is willing to pay. If they cut costs somehow, they just pocket the difference. If it costs more to make than a consumer will pay they just don’t make it.
In theory, it would allow them to reduce costs to compete better with rivals and sell more.
But usually it’s the thing you said. Capitalism fundamentals are pretty broken in most markets.
Padme: Right?
Anakin:
Nah. This just increases profits.
It’ll take another massive quality scandal, or just a generation of shit products, but sure