5min chapter

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597. Why Do Your Eyeglasses Cost $1,000?

Freakonomics Radio

CHAPTER

Intro

Exploring the economics of the eyewear industry, this chapter reveals how a simple pair of glasses can be sold for over $1,000 despite low manufacturing costs. It also introduces Essilor Luxottica, the industry's major player, and discusses the historical evolution of optical technology through insights from a museum curator.

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