All of your arguments suggest that the perfect price is the cost of production plus a reasonable profit. Can you give me an example of any (unregulated) business that prices this way?In fact the right price, in a free market, is the price that the customer is willing to pay. Too high, and you spill traffic. Too low and you lose opportunity (and risk the wrath of your shareholders). The end price may not be 'fair' but so what.Nice work, but purely academic. No relation to the real world.