this post was submitted on 07 Feb 2024
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Did the ordinance specify that the app companies would have to absorb the costs and NOT pass them to the users? No? Ah, well, that explains it then.
Thats not how economics works, if the cost of a product goes up one way or another, the price goes up, one way or another
And oddly, the price of a product can go up even if the cost of the product doesn't change or goes down.
I drew the arrow one way, just because you want to invert the arrow doesn't mean it's correct 🤷
Only if customers are willing to pay for it.