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re: Based Jeff Bezos cutting prices at Whole Paycheck
Posted on 8/24/17 at 2:02 pm to HailHailtoMichigan!
Posted on 8/24/17 at 2:02 pm to HailHailtoMichigan!
Amazon either adapts to the crowds or they lose business. Other stores either meet the WF price or lose business.
Why does everyone all of a sudden hate Econ 101 when it's that dirty cuck Jeff Bezos using it to his advantage?
Why does everyone all of a sudden hate Econ 101 when it's that dirty cuck Jeff Bezos using it to his advantage?
2
Posted on 8/24/17 at 2:03 pm to Iosh
You lefties enjoy your estrogen filled "organic" food. I'll be eating deer meat and whatever they got at Golden Corral
Posted on 8/24/17 at 2:04 pm to SDVTiger
quote:
So it will be $8 for 6 organic eggs instead of $12?
why do people always exaggerate prices like this?
its the same thing with every Starbucks thread
Posted on 8/24/17 at 2:04 pm to HailHailtoMichigan!
quote:
I welcome the lower prices, but what is going to happen when there's a huge increase in the amount of people trying to buy stuff from WF?
Meh. Most WF locations are already in areas where people aren't that price sensitive so I doubt this has a huge impact.
Posted on 8/24/17 at 2:04 pm to SDVTiger
I hope they do not ruin the bakery or meat section at whole foods. Much better quality of stuff than other grocery chains.
Posted on 8/24/17 at 2:04 pm to el Gaucho
I love your more obvious trolls because that makes the upvotes for the less obvious ones so much more delicious
Posted on 8/24/17 at 2:05 pm to Salmon
quote:That is what will hopefully happen in the long term.
Get smarter or die off
But firms in perfectly competitive markets are not price makers. They can't just lower prices below the market clearing rate and not deal with a flood of buyers flooding their store.
That's why firms are price takers in competitive markets.
Posted on 8/24/17 at 2:05 pm to The Spleen
This could eventually hurt foodservice distribution more than it hurts other grocers long term.
Amazon is so user-friendly that they're going to start poaching off business from US Foods, Sysco, Dot Foods, etc item by item.
Amazon is so user-friendly that they're going to start poaching off business from US Foods, Sysco, Dot Foods, etc item by item.
This post was edited on 8/24/17 at 2:06 pm
Posted on 8/24/17 at 2:06 pm to SirWinston
So can we count you as supporting a universal living wage due to innovation taking low-skilled jobs?
Posted on 8/24/17 at 2:06 pm to boosiebadazz
quote:ECON 101 says firms in competitive markets cannot lower prices below the equilibrium price.
Why does everyone all of a sudden hate Econ 101 when it's that dirty cuck Jeff Bezos using it to his advantage?
Posted on 8/24/17 at 2:07 pm to boosiebadazz
block ultimately meaningless "innovations" like Amazon acquiring Whole Foods through sheer force and Uber/Tesla pioneering driverless 18-wheelers with tax payer funded innovation concepts.
You lose retail and truck drivers, we're already at the point where we need minimum living wage.
The other alternative which I personally favor is forcibly putting birth limits on people in third-world countries and eventually on all but those who can afford to pay punitive taxes on extra children.
You lose retail and truck drivers, we're already at the point where we need minimum living wage.
The other alternative which I personally favor is forcibly putting birth limits on people in third-world countries and eventually on all but those who can afford to pay punitive taxes on extra children.
This post was edited on 8/24/17 at 2:10 pm
Posted on 8/24/17 at 2:08 pm to SirWinston
quote:
It's not worth it and Trump administration should not allow this acquisition to go through.
you haven't learned that trump couldn't care less about an american that isn't constantly complementing him or putting money in his pocket?
he lies to all our faces every day and never apologizes, and that's a man you trust to have your best interest in mind? he doesn't even respect his base.
Posted on 8/24/17 at 2:08 pm to Iosh
Amazon morphs into Walmart
Posted on 8/24/17 at 2:09 pm to SirWinston
quote:
This is disgusting and will crush retail grocery and harm foodservice distribution,
You do realize that in many cases, they could cut Whole Foods prices by 50% and still be more expensive than a lot of retail grocery stores?
Posted on 8/24/17 at 2:09 pm to HailHailtoMichigan!
quote:A flood of buyers does not seem likely given their location and unique and limited selection. Making a niche market more price accessible to people beyond the niche doesn't mean people will flood it.
They can't just lower prices below the market clearing rate and not deal with a flood of buyers flooding their store.
Posted on 8/24/17 at 2:10 pm to buckeye_vol
Yeah I'm not going to worry about WF becoming WalMart until they start building them in ghettos
Posted on 8/24/17 at 2:10 pm to SirWinston
quote:
Amazon is so user-friendly that they're going to start poaching off business from US Foods, Sysco, Dot Foods, etc item by item.
This post was edited on 8/24/17 at 2:11 pm
Posted on 8/24/17 at 2:11 pm to HailHailtoMichigan!
They can to gain market share if they have other sources of income to stay solvent. That may be Econ 102, but I'm legitimately confused by the frustration here. This is a capitalist wet dream!
This post was edited on 8/24/17 at 2:11 pm
Posted on 8/24/17 at 2:11 pm to boosiebadazz
quote:
Why does everyone all of a sudden hate Econ 101 when it's that dirty cuck Jeff Bezos using it to his advantage?
Why do some people bash Walmart and praise Bezos?
Posted on 8/24/17 at 2:11 pm to Iosh
quote:
Amazon Prime will become Whole Foods’ customer rewards program, allowing shoppers to rack up Amazon rewards when they purchase pasture-raised eggs, organic milk and kombucha.
It moved. That will be my next credit card...
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