On Mar 6, 2009, at 12:09 AM, SA wrote:
> When corporations plan, they have the advantage of being able to
> plan based on market prices.
Which means, in practice, that they raise and lower prices to reflect demand (and to squeeze competitors). When they introduce a product, setting a price is no trivial matter. So, these "market prices" are the result of trial, error, and guesswork. There's no *theoretical* reason why planners couldn't do the same thing.
Doug