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re: Coronavirus price gouger stuck with 18,000 bottles of sanitizers after Amazon bans him

Posted on 3/14/20 at 1:22 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/14/20 at 1:22 pm to
quote:

It's really simple. When demand is high and supply is less, the value of a product increases.

If you sell out of a product the price is too low

Somehow the very average American has decided this time honored truth is evil.


Just curious. Do you believe this should apply to wages as well?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263218 posts
Posted on 3/14/20 at 2:28 pm to
quote:

Just curious. Do you believe this should apply to wages as well?


A free market approach? Absolutely.

Absense of interference it naturally applies , opinion not necessary.
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