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Re:Daily Price Tracking for Trader Joes by philwelch on Thursday February 08, 2024 @02:00PM (#39306032)
“Underlying cost” is part of the supply curve.
Re:Daily Price Tracking for Trader Joes by jsight on Thursday February 08, 2024 @02:50PM (#39306713)
Ok, imagine the cost is driven by underutilized fixed costs. How does the supply curve model the decrease in cost as demand increases?