Lee Duna to Technology@lemmy.worldEnglish · 1 year ago$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europewww.theregister.comexternal-linkmessage-square104fedilinkarrow-up1692arrow-down120
arrow-up1672arrow-down1external-link$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europewww.theregister.comLee Duna to Technology@lemmy.worldEnglish · 1 year agomessage-square104fedilink
minus-squareTheAgeOfSuperboredom@lemmy.calinkfedilinkEnglisharrow-up2arrow-down2·1 year 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-N@lemmy.calinkfedilinkEnglisharrow-up1·1 year 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