Shrinkflation: The sneaky ways companies cut costs, but not prices (cbc.ca) 2 points by bing_dai 3y ago ↗ HN
[–] bediger4000 3y ago ↗ Isn't this just market participants in action?I mean, the economic dogma is that in an efficient market, prices fall to the marginal cost of production, but not all markets are efficient in the economic sense. Why shouldn't a firm take advantage of that inefficiency?
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[ 4.0 ms ] story [ 20.7 ms ] threadI mean, the economic dogma is that in an efficient market, prices fall to the marginal cost of production, but not all markets are efficient in the economic sense. Why shouldn't a firm take advantage of that inefficiency?