[balrog666]

i don't want to bet anything on a guess - i'm looking for information - but how can one say that price is independent of costs incurred in production of the good?????

If you have a cheaper way to produce an item, do you always sell it for less than your competitors? And just how much less?

Conversely, if your production process cost is higher than your competitors, say due to a bad union contract, you can't just raise your prices, can you?

[Chilldoubt]

i don't see how what you've said supports the idea that prices are independent of costs. the poster said prices were completely independent of all costs!

if costs didn't affect prices then all prices could be zero but companies could still pay costs. obviously can't be. i wish i could ignore my costs!!!!

i thought the poster was only indicating that tax costs did not affect price - but to my surprise he said prices are independent of ALL costs?!