Comment on Shrinkflation: The sneaky ways companies cut costs, but not pricesComments−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?
Comments
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?