alt Hacker NewsAny business would charge more if they could. Jevon's paradox would mean that they can make more money by charging less because demand is going to keep growing.
Any business would charge more if they could. Jevon's paradox would mean that they can make more money by charging less because demand is going to keep growing.
FWIW, what you're describing is a simple demand curve, not Jevons paradox.
The "paradox" is when an increase in efficiency which would decrease the use of a resource all else equal, instead indirectly causes more use.