Comment by pyronite
4 months ago
This is unfortunately the market and “capitalism” working as it should. Price goes up, incentive to produce more goes up too.
4 months ago
This is unfortunately the market and “capitalism” working as it should. Price goes up, incentive to produce more goes up too.
Not necessarily. If the entire industry triples its prices and alienates 40% the market, it's still coming out ahead. It only incentivizes producing more if there are enough people unwilling to pay for the new prices, or if it were easy for a newcomer to come in (it's not)