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In that case when supply is the sam, demand increases, and prices stay the same then you run out of stock. Someone then needs to distribute the product "fairly"
by russellendicott 6y ago
In that case when supply is the sam, demand increases, and prices stay the same then you run out of stock. Someone then needs to distribute the product "fairly". I assume you think that should be the government?
- pulse7 6y agoFIFO is much more ethical in this case, than to substantially raise the prices and then wait for those with a lot of money and reject the people who can not afford it...
- AlexandrB 6y agoQuantity demanded drives supply too, not just price. Manufacturers won't say "no" to the extra revenue from increased sales volume at the same prices.