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RE: Manufacturing price - how it is derived and why it harms the environment (ecology)
In economics, price is supposed to be determined by the forces of demand and supply
In economics, price is supposed to be determined by the forces of demand and supply
Well it is to a point, but you can't ignore the expenses and risks hence they dictate the better part of the end price. Demand&supply ratio is factored in later after all other things have been "accounted" for.