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It increase total supply and increases availability of free supplies for the poor and needy. It increase total supply by encouraging people to come and sell go
by Veelox 9y ago
It increase total supply and increases availability of free supplies for the poor and needy.
It increase total supply by encouraging people to come and sell goods at the increased price. If you can load up your care with water bottles, drive 5 hours, and make $5k that is tempting and some people will do it that would not do it if there is no price increase.
It increases the availability of free supplies for the poor and needy because those that are needy and not poor will pay more to get the more water. This of course presumes that those selling water provide a better service than those giving water for free. Which I think is a justified assumption because if they were not, they would not be able to sell anything.
- phailhaus 9y agoThe unicorn case of a couple bad actors working to profit off the increased demand is hardly a reason to justify price gouging on everyone. If you're actually afraid of people taking advantage of reasonable prices, just institute a cap on the amount that people can buy at once. Plus, the argument doesn't work on a service like airplane flights. Nobody can buy tickets and scalp them for profit.