https://www.cnn.com/2023/06/09/economy/us-inflation-high-prices-consumer-demand/index.html

That means a business can essentially set prices as high as it wants, as long as they aren’t so high that they drive away the customer base. In other words, it’s Econ 101: Good, old-fashioned supply and demand.

:AmISoOutOfTouchmeme: Could it be greed? No, it's the customers fault.

  • AHopeOnceMore [he/him]B
    ·
    1 year ago

    Supply and demand is when both things are static but the price goes up