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  • Pennomi@lemmy.worldtoScience Memes@mander.xyzEconomics
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    4 天前

    Yep, graphing calculators are a forced necessity for school, therefore they can charge anything they want and people will still buy them. This kind of artificial demand causes extreme price inelasticity and is capitalism at its worst.

    Same deal with university books, you are forced to buy them so they cost hundreds of dollars, when they could easily be sold at a profit for a quarter of the cost.