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amimetic
on Nov 24, 2021
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Exceptional off-cycle compensation adjustments for...
The economic theory would be something like given lack of (senior) engineers, salaries should rise to expected marginal revenue.
Conflating actual outcomes in real markets with economic theory is typically unhelpful.
sokoloff
on Nov 24, 2021
[–]
Microeconomic theory would cap total marginal costs (including COGS) at marginal revenue, not just salaries.
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Conflating actual outcomes in real markets with economic theory is typically unhelpful.