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by viraptor 1261 days ago
In practice I see difference in prices between local companies and there are reasons to not go for the cheapest price. It doesn't make market inefficient if you say you do a better job and will charge more than competition. Some people won't choose you, but then it's about setting the correct pricing/demand point. If there's more demand than can be fulfilled, the prices can raise - that's as market-efficient as it gets.