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by throwawaythekey
1717 days ago
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For 5. consider the diamond industry as a real world example of an industry well renowned for aggressively limiting supply. Scarcity can drive price upwards in an exponential way that ends up making it optimal to not sell all inventory. Sure in an ideal world you would sell everything you can for the maximum price but in the real world the buyer is incentivized to wait until you offer your minimal price. |
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