Re:Young 'to be poorer than parents at every stage of life'
by jp555 on Tuesday November 24, 2015 @12:55PM
(#10622295)
cheaper is sometimes from lower-quality, but don't discount the effect of economies of scale. Every doubling of production volume reduces cost by ~30%. For example, Tesla thinks it's gigafactory will reduce the cost of their battery pack by ~30%, because that one factory will double global battery production. The same thing is happening to solar panels. As production sykrockets, prices plummet.
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