alt Hacker NewsIs this not simply how markets work? Everything is sold at the marginal price.
You could change that, but it would just mean prices will be higher at another moment (in a perfect market), no?
Is this not simply how markets work? Everything is sold at the marginal price.
You could change that, but it would just mean prices will be higher at another moment (in a perfect market), no?
> Is this not simply how markets work?
The UK is an outlier as noted above. So no, this is not "simply how things work" in general. It's unusual.
> it would just mean prices will be higher at another moment, no?
No, see first quoted piece of text above.
My assumption also is that it's a far from perfect market - see last paragraph.