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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 1:29 pm to Stagg8
Posted on 3/14/20 at 1:29 pm to Stagg8
quote:
and this is a textbook definition of it
No one s swindling or overcharging here. This is basic Econ.
When the price is too low do you know what happens? Hoarding which s an inefficient allocation of resources.
Selling a product for its perceived value is not gouging. Your idea of gouging is pop economics
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