Comment by aarond0623
4 months ago
The prices are set largely by what consumers will tolerate. If everyone else is raising prices so consumers expect that, why wouldn't you do it, too?
4 months ago
The prices are set largely by what consumers will tolerate. If everyone else is raising prices so consumers expect that, why wouldn't you do it, too?
are consumers really tolerating current prices?
Do they have a choice?
Obviously one choice is “just don’t participate” but for anyone that _will_ participate, the choice is pretty much to tolerate it.