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Also, supermarket operators are not irrationally leaving free money on the table. They have their own reasons for not adjusting prices -- all the free market ad

Also, supermarket operators are not irrationally leaving free money on the table. They have their own reasons for not adjusting prices -- all the free market advocates lecturing the supermarket managers about econ 101 principles should try running a supermarket themselves, and see how kindly the market reacts to their strategy.

eigenvector 7y ago
Yes, unlike price-gougers supermarkets plan to still be in business after this crisis passes, and would prefer not to be known as "that company that screwed us all on basic goods during COVID-19". The money they could make today from profiteering is peanuts compared to torching their image and brand.