> Why would a company choose to produce an inferior product?
It costs less to make the inferior product, so even if you have to lower prices, you make it up in volume.
Right, and people don't want to pay a high enough premium to justify the cost and design tradeoffs. That's how markets work. Mandating a more expensive product w features consumers aren't willing to pay for normally makes everyone worse off
Right, and people don't want to pay a high enough premium to justify the cost and design tradeoffs. That's how markets work. Mandating a more expensive product w features consumers aren't willing to pay for normally makes everyone worse off