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by marcosdumay
4322 days ago
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> the median dude is going to, almost by definition, live in the median house That's somewhat true (but you can improve the quality of the median house, just can't improve size). > The median of whatever China decides to ship to us, will by definition, be the median quality TV and be sold at the median price. But that's not true. Buyers decide the median quality of TVs, not sellers. And TVs can be so cheap that everybody only buy the most expensive one, and still it makes no impact on their budget. Every physical good is exclusive to some degree, but that degree varies wildily. |
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