this post was submitted on 06 May 2025
1067 points (96.4% liked)

Technology

69844 readers
3942 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] sugar_in_your_tea@sh.itjust.works 1 points 20 hours ago* (last edited 20 hours ago) (1 children)

Sure. But if people aren't willing to pay more than the cost of production, games wouldn't be made. The cost of production is the floor, and the cost people are willing to pay is the ceiling, and competition finds a line somewhere in the middle. The more competition, the closer it is to the cost of production.

[–] Ulrich@feddit.org 1 points 20 hours ago (1 children)

if people aren't willing to pay more than the cost of production, games wouldn't be made.

Then that unmade game wouldn't be relevant to this discussion.

The cost of production is the floor, and the cost people are willing to pay is the ceiling, and competition finds a line somewhere in the middle

Again, no it doesn't. "What people are willing to pay" includes the competition. If one company undercuts another with a comparable product, consumers won't pay for the more expensive one.

[–] sugar_in_your_tea@sh.itjust.works 1 points 20 hours ago (1 children)

People would be willing to pay more if there wasn't as much competition. People obviously want to pay less, and companies obviously want to charge more, so the real variable here is how competitive the market is. And the more competitive the market, the closer to production costs companies are able to pay.

The variable here isn't how much people are willing to pay, that's elastic and depends on competition. The real variable is competitiveness in the market, since that is what drives prices closer to production costs.

[–] Ulrich@feddit.org 1 points 20 hours ago (1 children)

I don't know how many different ways I can say the same thing and help you understand. It's a trivial semantic argument anyway. Have a nice day.

We've certainly gone in circles. Hope your day is excellent as well.