Gold Capped: Sleazy auctioneers and giving away trade secrets

Reader Comments (Page 1 of 1)

10-28-2010 @ 8:48PM

frugality said...

wooo Roboticus you made my evening, thank you.

However, in simple economic terms, it's a purely competitive market (a rare occurrence in the real world!) and thus, Average Total Cost=Price. Over the long-run, the cost of the barriers to entry (leveling profs) are negligible.

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