• faktotum@leminal.space
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    8 days ago

    Prices are set by the company and are limited by what people are able/willing to pay. Which I think is an important distinction to make. I know you were trying to make the point that a price isn’t just equal to its cost to produce. But it’s weird to downplay production costs and then talk about increased profit margins being an incentive when that is a factor.

    Funnily enough, the reason Ford gave for the price increase and subsequent decrease in 2023 was production cost changes.

    The government offset part of the price for the consumer not Ford. All you’re really saying is “can you really blame them?” for maximizing their profits. Which I think is one of the more insidious sentiments currently.