Alice will want to invest into making the right demand. Since correct demands often vary by an order of magnitude or more, a lot of the expected profits to Alice could be a pure loss to otherwise wasted research.
I’m having trouble parsing the second half of the second sentence here. I’d expect it to be saying something like, “it’s worth it for Alice to invest a lot in researching what demand to make.”
But can’t tell if it’s saying that or not. In particular, I don’t know what “pure loss to otherwise wasted research” means.
I’m having trouble parsing the second half of the second sentence here. I’d expect it to be saying something like, “it’s worth it for Alice to invest a lot in researching what demand to make.”
But can’t tell if it’s saying that or not. In particular, I don’t know what “pure loss to otherwise wasted research” means.
Help?