• Revan343@lemmy.ca
    link
    fedilink
    English
    arrow-up
    10
    ·
    5 months ago

    It depends; if a company can use this to make them stupid cheap, then selling them stupid cheap to undercut all their competitors could still make them more money than keeping the price the same and pocketing the saved production costs.

    • Sunforged@lemmy.ml
      link
      fedilink
      English
      arrow-up
      8
      ·
      5 months ago

      I was making a jab. I’m aware of market forces, but price memory is a thing and often the true cost of production isn’t reflected in consumer pricing. Especially when an industry just decides they can keep prices where they are if not raise them, looking at you egg producers.