Lee Duna to [email protected]English • 2 years ago$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europewww.theregister.comexternal-linkmessage-square97fedilinkarrow-up1673
arrow-up1673external-link$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europewww.theregister.comLee Duna to [email protected]English • 2 years agomessage-square97fedilink
minus-square@[email protected]linkfedilinkEnglish2•2 years ago“Products are priced based on their cost/value, not the companies overall profit margins” It doesn’t take much to observe that this is just incorrect. That’s how it’s supposed to work, and they teach that in your Intro to Economics course, but in reality it just doesn’t work that way.
minus-squareN-E-NlinkfedilinkEnglish1•2 years agoIt does, it’s just that the “value” gets fucked and manipulated in ways that are bad for the consumer
“Products are priced based on their cost/value, not the companies overall profit margins”
It doesn’t take much to observe that this is just incorrect.
That’s how it’s supposed to work, and they teach that in your Intro to Economics course, but in reality it just doesn’t work that way.
It does, it’s just that the “value” gets fucked and manipulated in ways that are bad for the consumer