Lee Duna@lemmy.nzcake to Technology@lemmy.worldEnglish · 9 months ago$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europewww.theregister.comexternal-linkmessage-square103fedilinkarrow-up1673
arrow-up1673external-link$6.2B in profit wasn't enough: Nvidia hikes GeForce Now prices for Canada and Europewww.theregister.comLee Duna@lemmy.nzcake to Technology@lemmy.worldEnglish · 9 months agomessage-square103fedilink
minus-squareTheAgeOfSuperboredom@lemmy.calinkfedilinkEnglisharrow-up2·9 months 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-up1·9 months 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