They need to learn how economics works - prices going up increases supply and decreases demand, it’s how the market is meant to work. Read Thomas Sowell.
There is nothing ethically wrong with price gouging. Raising prices is a response to demand. It's a market force used to adjust the supply and demand curve.
It may be morally wrong, but that's up for opinion.
Honestly, if the store doesn't make the money, then scalpers will. This is a capitalist nation. It's called supply and demand. Those fines are complete bullshit.
Yep. It's just how supply and demand works. Is it douchy? Yes. Are you being held at gunpoint being forced to purchase at the inflated price? No. Items are worth whatever people are willing to spend on them.
They need to learn how economics works - prices going up increases supply and decreases demand, it’s how the market is meant to work. Read Thomas Sowell.
Bingo 💯👌
There is nothing ethically wrong with price gouging. Raising prices is a response to demand. It's a market force used to adjust the supply and demand curve.
It may be morally wrong, but that's up for opinion.
A $10,000 or $20,000 fine for each offense? Talk about gouging...
Honestly, if the store doesn't make the money, then scalpers will. This is a capitalist nation. It's called supply and demand. Those fines are complete bullshit.
Restaurants do it daily with their alcohol for crying out loud.
Yep. It's just how supply and demand works. Is it douchy? Yes. Are you being held at gunpoint being forced to purchase at the inflated price? No. Items are worth whatever people are willing to spend on them.