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Old 08-07-2014, 04:15 PM   #21
Loneiguana Loneiguana is online now
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Join Date: Nov 2012
Location: Jefferson City
Casino cash: $22670
Quote:
Originally Posted by WhiteWhale View Post
The costs of running a business has no impact on that business's ability to prosper. It's all supply and demand. There are no other factors involved.

Really smart people on CP told me this.
This amount of derp saddens me coming from you.

A item cost x because that's what enough people are willing to pay for it. AKA what "the market will bear". Raising prices doesn't make more money to cover increased costs, it makes less money because decreases the amount sold of x.

If this company could have sold the same amount of x with this "fee", they would have done it already. Companies don't wait for a minimum wage increase to make more profit.

The free hand of the market will slap this company around.
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