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A: They don't maximize profits.
I was hoping that was an April Fool's joke but it is too consistent with the strip to be one. Today's strip proves me right (it wasn't a joke). Instead of buying the comic low and selling high (and what would make a more inelastic demand than trying to complete a comic book collection for your military son who is in Afghanistan?) and turning a nice profit, he gave Holly the Murdoch address so that she could cut out the middleman.
Posted by John Whitehead on April 02, 2014 at 08:43 AM in Attempt at humor | Permalink
by John C. Whitehead, Econ Journal Watch, 14(3): 346–361, September 2017
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"This blog aims to look at more of the microeconomic ideas that can be used toward environmental ends. Bringing to bear a large quantity of external sources and articles, this blog presents a clear vision of what economic environmentalism can be."
