Why prices go up during supply shortage

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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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21 Answers

Anonymous 0 Comments

This is probably going to be deleted by the weak mods here for being so short….but it’s a really simple answer.

You have one loaf of bread left in your store. 10 people need that loaf of bread to feed their families. Because I NEED it, I offer you double the asking price in order to convince you to sell it to ME. the other 9 people that also need it offer more.

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