ByteOnBikes@discuss.online to Political Memes@lemmy.world · 11 days agoEverything went from kinda expensive to really expensive.discuss.onlineimagemessage-square88fedilinkarrow-up11.42Karrow-down19
arrow-up11.41Karrow-down1imageEverything went from kinda expensive to really expensive.discuss.onlineByteOnBikes@discuss.online to Political Memes@lemmy.world · 11 days agomessage-square88fedilink
minus-squareCort@lemmy.worldlinkfedilinkarrow-up1·edit-210 days agoWell, outside extreme circumstances, the manufacturer isn’t likely to sell below their own cost; hence the manufacturing cost is a price floor
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·10 days agoThat’s “at cost”, not a price floor.
minus-squareCort@lemmy.worldlinkfedilinkarrow-up1·10 days agoI still think that would be a de facto price floor, as opposed to the de jure definition you’re referencing.
Well, outside extreme circumstances, the manufacturer isn’t likely to sell below their own cost; hence the manufacturing cost is a price floor
That’s “at cost”, not a price floor.
I still think that would be a de facto price floor, as opposed to the de jure definition you’re referencing.