LogFAQs > #904408443

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Topica minimum wage should be a livable wage
Kaliesto
07/03/18 7:23:12 AM
#75:


iClockwork posted...
Kaliesto posted...
Example are Laptops being sent to Bestbuy, but Bestbuy bumps up the price way more than it is actually worth.

This is literally one of the most basic principles of economics called supply and demand. If people are willing to pay it Best Buy will bump it up to whatever is the most profitable...

Kaliesto posted...
The real issue is why are companies allowed to mark up as high as it is for products when that is not even the real value? To me that is criminal all by itself.

Because consumers still purchase the product...

You have to be trolling right?


Prices should be based on the actual value rather than a artificial value, that is the only reason why there is so many people that can't afford some necessities. To add you can buy straight from the manufacturer without having to deal with middleman, and not a lot of people are taking advantage of that.

I know some people that saved a lot on really good laptops because they ordered straight from the manufacturer rather than dealing with companies like Bestbuy or anything similar.
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