I’m not trying to be snarky, but in reference to the question at hand, please try to convince me that your Econ 101 class taught you the basic Laws of Supply and Demand.
It did. But we're not talking about an increase in supply or a decrease in demand. We're talking about a reduction in the company's cost of doing business. The article established that the market has set the price for the apple at $1.10. Buyers are consuming all they want at that price. Sellers are producing exactly the amount buyers want at that price. Reduce the cost to the seller and why should that bring the buyers cost down? Consumers are paying the $1.10 and aren't complaining. Why should we assume that the seller will pass the cost savings on to the buyer rather than keeping it themselves?