What i don’t understand that why the price goes up for finished products, it is already made, raw materials used and manufacturing is paid.
If the store already has 10 TVs in the store, why the price go up?
If you have a given amount of packaged bread already in the store why the price goes up?
Edit1: Lightbulb from many: Restock… You need to restock on current price, if you don’t follow the price you gonna lose money
However the “willing to pay” argument is kind of maddening, because with basic necessities like food “willing to pay” is reversed, controlled by seller and transformed to “have to pay and going to do so”
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Which would you rather have $100 or $200?
Obviously if given the chance you would want $200.
The store owner has the same preference.
Given the choice he would like to charge you $200.
Thing is, if there are enough TVs to go around, the store next door might be selling for $100.
If he charged $200, you’d just go to the other store, so he charges $100 so you go to his store.
But if the store next door has no TVs, he can just charge you $200 and you’d still buy from him, because you don’t have a choice.
It’s not how much the TV costs, it’s how much he can get away with charging you.
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