• SailorMoss@sh.itjust.works
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      1 year ago

      Profit = revenue - cost

      So if you put in $1 and got back $2 that’s 100% profit. 1000% profit would mean you put in $1 and got back $11.

      • misterfenskers@sh.itjust.works
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        1 year ago

        Let’s argue about how the estimated number that’s probably rounded up is wrong and not the fact that this price gouging should be illegal.

        • Zima@kbin.social
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          1 year ago

          If you think they are charging too much perhaps you can compete with them and make a cheaper one.

          • misterfenskers@sh.itjust.works
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            1 year ago

            Not the point of my statement. Regulations need to be set for things like this. Knowledge needs to be shared. Humanity needs to progress past competitive behavior.

            • Zima@kbin.social
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              1 year ago

              Knowledge needs to be created. profit is a good motivator. removing it is harmful. you need to take a broader view and consider how the knowledge you want to be shared is createdin the first place instead of taking it for granted.

                • Zima@kbin.social
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                  1 year ago

                  Start by not taking things for granted and try to see the world from a causal perspective. It also helps to be objective so be aware of your biases. Studying history can also provide you a broader understanding.