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462 points JumpCrisscross | 1 comments | | HN request time: 0.198s | source
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casey2 ◴[] No.45078043[source]
This is how you know most economic theory is a total lie, if it wasn't they would just "price what people are willing to pay" and be forced to eat the loss. Is that cause copper bathtubs are a special item or are you just making up more rules after the fact to patch holes in your leaky theory.
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1. trehans ◴[] No.45078072[source]
Or... there is some elasticity with price and supply/demand, which falls totally within microeconomics