Manufacturing enjoys the purest form of economies of scale. The more volume you put through production lien, the cheaper each unit cost to make. So as that cost per unit can have dropped, we were able to escally start taking margin. As now those volumes have grown, we can sustain these prices while still having margin.
First, Jason breaks down Facebook's Q3 earnings, including: growing revenue and profits, slowing user growth, AR investment and its new reporting structure (2:00). He also covers Facebook's potential rebrand as a metaverse-focused company and its declining usage amongst US teens and young adults. (11:35) Then, Italic's Jeremy Cai joins the show to discuss his innovative new e-commerce concept, ruffling feathers with incumbents, supply chain insights, and more! (25:58)