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Why Can't All Prices Just Work Like TVs?
TVs are one of those rare products in the world where prices only go down, and I’m not talking about the prices of used TVs or TVs with old technologies. Rather, the newest TVs with flagship technology get cheaper and cheaper every single year, not in a marginal manner either. TV prices have been consistently falling since the 1950s, and this trend has only accelerated throughout the 2000s with TV prices consistently falling 15% every single year. Even in the rare years in which TV prices increased, inflation was usually even higher meaning that the real prices of TVs were still going down. You could explain this phenomenon with the economics of scale, TV technology becoming cheaper, more competition, and so on. But, I think the real culprit behind this decline is simply consumer’s extreme clarity when it comes to buying TVs. This video explains why TV prices keep falling and why consumers are smarter than ever when it comes to buying TVs.
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By Logically AnsweredWhy Can't All Prices Just Work Like TVs?
TVs are one of those rare products in the world where prices only go down, and I’m not talking about the prices of used TVs or TVs with old technologies. Rather, the newest TVs with flagship technology get cheaper and cheaper every single year, not in a marginal manner either. TV prices have been consistently falling since the 1950s, and this trend has only accelerated throughout the 2000s with TV prices consistently falling 15% every single year. Even in the rare years in which TV prices increased, inflation was usually even higher meaning that the real prices of TVs were still going down. You could explain this phenomenon with the economics of scale, TV technology becoming cheaper, more competition, and so on. But, I think the real culprit behind this decline is simply consumer’s extreme clarity when it comes to buying TVs. This video explains why TV prices keep falling and why consumers are smarter than ever when it comes to buying TVs.
Earn Interest From The Government & Top Corporations:
Free Weekly Newsletter With Insiders:
Socials:
Discord Community:
Timestamps:
Thumbnail Credit:
Resources:
Disclaimer:
-----------------------------------
Learn more about your ad choices. Visit megaphone.fm/adchoices