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by prepend
921 days ago
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That make sense. I remember in microeco101 they talked about how Walmart’s low prices are effectively like a tax with the end result of benefits spread to the lowest income people who benefit the most by low prices on commodity goods. If Amazon lowers prices due to profit, then, theoretically that gets passed on to consumers. So it’s like a super efficient tax where the tax would be distributed to poor people in food stamps or something. Of course, that’s assuming they reduce prices instead of just keeping profits. |
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