"Production left to the market satisfies the profit-and-loss test of socially beneficial production.
For Tim Cook to obtain computer chips, glass screens, labor, and other resources to produce iPads, he must bid them away from other entrepreneurs who would have used them to produce other goods. By incurring the costs of production, Apple Inc. compensates the owners of resources for the value of the other goods they could have produced to satisfy a different group of consumers. Apple then uses the resources to produce iPads, which consumers of its products value more highly as demonstrated by their generating enough revenue for Apple Inc. to more than cover its costs."
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