Quote:Umm no. Businesses do raise prices when their cost of business goes up

 

Okay.  Whatever.  Do you have anything to add in support of your assertion?   Just saying "Umm no." does not refute what  I said. 

 

In a free market, if a business can raise their price, they will.   Whether they can raise their price depends on what people are willing to pay for their product.   When they cite rising costs as a justification for raising their prices, they are conning you.  They are raising their price so they can make as much money as possible.   That's the way a market-based economic system works. 

 

The lasagna at the restaurant costs what it does because that is the most the restaurant can charge and still get you to buy it.   The price isn't going to go up and down because of the cost of production.   It's going to go up and down based on what you are willing to pay. 

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