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re: One vendor's food offerings at the Strawberry Festival in Ponchatoula

Posted on 4/13/24 at 12:51 pm to
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15301 posts
Posted on 4/13/24 at 12:51 pm to
Price what the market will bear.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16957 posts
Posted on 4/13/24 at 1:06 pm to
quote:

Price what the market will bear.


It’s not the price of the market. They are over charging a convenient fee for Americans who like to eat. If 1 out of 10 people willing to pay $25 for a turkey leg, the market price of the turkey leg is not $25. You just have one sucker overpaying. If the price of gas is $3 a gallon and you find one guy willing to pay for $10, is that the market price? Is his stupidity a reflection of all buyers in that market?
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