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Re:Cost of iPhone X in 1957 by scarface74 on Saturday September 16, 2017 @12:30AM (#15262880)
In a free market, there doesn't need to be a "justification" for the price of anything. The price is what someone is willing to pay.
Re:Cost of iPhone X in 1957 by musage on Saturday September 16, 2017 @01:08AM (#15263002)
Then that justification for the price is the justification for being willing to pay that price; same thing.

Also, "free market" is kind of a joke as a mantra. For example, "without interference" kind of would require a whole lot of marketing people stopping what they're doing. As it is now, many companies themselves are doing their best to interfere with the decisions of consumers and workers, in some cases even get in bed with each other and wage outright war on those they extract money from; so that's not a free market by a long shot.

Re:Cost of iPhone X in 1957 by Gibbon1 on Saturday September 16, 2017 @07:04AM (#15264058)
I use the phrase 'Potemkin Markets' to describe a lot of this stuff.