• explodicle@sh.itjust.works
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    1 month ago

    No, elasticity is not infinite. This has been proven multiple times. You’re spreading misinformation and need to take an economics class.

    • cmeu@lemmy.world
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      1 month ago

      I don’t think I said anything about Infinity. Tell me one thing which is truly infinite… Greed may be close.

      Are you saying that increasing income for the same work can’t lead to inflation? Or that businesses aren’t opportunistic and interested in maximizing revenue?

      They will charge what the market will bear… and the market will suddenly be able to bear just a little bit more 🤷‍♂️