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Comment by pif

1 day ago

> The Lettre Verte example actually reinforces the point: service got slower, then slower again, not because physics demanded it but because maintaining the previous standard became inconvenient.

Well, it did indeed become inconvenient... for the customers!

Rule no. 0 of economics states that a decreasing demand yields decreasing prices, but rule no. 1 concerns fixed costs: when demand is too low, each customer has to bear a larger share of them.