from Hacker News

Shrinkflation: The sneaky ways companies cut costs, but not prices

by bing_dai on 11/18/22, 6:02 PM with 1 comments

  • by bediger4000 on 11/18/22, 6:17 PM

    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?