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I would think it’s more about economy of scale. If you tried to build a car without any of the standard parts being available, it would be expensive.
by petra303 1y ago
I would think it’s more about economy of scale. If you tried to build a car without any of the standard parts being available, it would be expensive.
- actuallyalys 1y agoThat explains why they're expensive, but not why they're more expensive than they were before.
- pas 1y agoOne likely significant factor is the Baumol effect. As mass-produced things get cheaper everything that requires a lot of manual labor gets relatively more and more expensive. This is basically the Abbott baby formula shortage but for this other critical product. Instead of having a large market with more competition the US has its own special sausage.