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CapuccinoCoretto@lemmy.world 2 days agoYou are making an assumption based on standard economic theory. Assuming a well regulated free and fair market. The world is neither, and not buying shit’s ability to lower prices is limited. They can just stop production, or limit sales, warehouse things for a time etc…
Lots of issues with elasticity of prices and not enough time is spent looking at how economic theory doesn’t work.