this post was submitted on 21 Jun 2024
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You only need a graphing calculator because you're not allowed to use wolfram alpha, desmos, or Matlab. Since you're mandated to use graphing calculators, (sometimes even specific models) there's no incentive to make them cheaper or better since you need to buy them anyway.
Its not just the demand, its also monopoly or duopoly of suppliers. These suppliers prevented competition by making sure they are the only ones allowed by students to use.
When I was in school, it was always specific models. They had to limit it to one brand and like 2-3 known good models to prevent the ones that could solve equations.
So there's no reason for TI to ever lower prices.
The incentive Is supposed to be competition among manufacturers, something is preventing that
Schools have lists of approved models for standardized test taking. If students (the largest market) can't use your calculator, making one is probably not going to be profitable.