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submitted 11 months ago by RandAlThor@lemmy.ca to c/canada@lemmy.ca
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[-] Ironfist@sh.itjust.works 1 points 11 months ago

I'm not an economist so I could be wrong, but this is my thought process about it: If a product becomes too expensive to produce for some companies, those companies will stop selling it. Less companies selling the product = less offer less offer = higher price.

this post was submitted on 21 Nov 2023
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