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Pastimes : Austrian Economics, a lens on everyday reality
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To: Wildstar who wrote (328)11/30/2003 10:12:10 PM
From: Don Lloyd  Read Replies (1) of 445
 
Wildstar,

Actually, now that I think about it, this may not be the best example.

I agree.

Just take something random, and suppose a $10 revenue maximizing price, and first a $3 marginal cost and a $7 marginal replacement cost and second reverse the $3 and the $7. I have no idea how this will work out so I won't try to confuse you, but I'll wait and critique anything that you may come up with. -g-

Regards, Don
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