Shrinkflation: The sneaky ways companies cut costs, but not pricescbc.ca 2 pointsbing_dai3 years ago1 commentSaveHideCopy link On HNComments−bediger40003yIsn't this just market participants in action?I mean, the economic dogma is that in an efficient market, prices fall to the marginal cost of production, but not all markets are efficient in the economic sense. Why shouldn't a firm take advantage of that inefficiency?
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Isn't this just market participants in action?
I mean, the economic dogma is that in an efficient market, prices fall to the marginal cost of production, but not all markets are efficient in the economic sense. Why shouldn't a firm take advantage of that inefficiency?