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re: So sick of the price of everything right now.
Posted on 9/18/23 at 11:38 am to Dixie2023
Posted on 9/18/23 at 11:38 am to Dixie2023
quote:Is that not how economics works?
They are all just taking advantage of consumers
A corporation has a responsibility to maximize shareholder wealth. If pricing your dog food and toiletries really high doesn't reduce sales enough to reduce revenues/profits, then people are still buying it, so there's no justification for them to charge the cheaper price.
I'd love cheaper prices across the board too. But if we're paying extra for these items, then corporations will obviously continue to raise prices.
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