
Let's suppose that is true, people will pay any price...but they will pay the lowest price they can (im sure we can agree on this)
So you sell insulin for, say, $1000/dose but it cost you, say $20/dose to make...man thats sone great profit, im gonna make insulin and sell it for $990/dose so I can take all your business and still make a killing.
Run the scenario with enough people competing and eventually the price will settle near, say, $20/dose.
The only thing that could stop that is government regulation.
English





























