this post was submitted on 20 Jul 2023
232 points (96.8% liked)
Technology
60087 readers
2209 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Similar to rocket science, there are mathematical formulas you can use to analyze how many buyers there will be for a product at a given price point. Clearly Google did the math and found that this was the optimal amount to raise the price to without losing too many subscribers and that it would result in an increase in overall profit.