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Surely it is every America's ambition to be a millionaire using the free market and some elbow grease. So how is this a problem? Shouldn't the high price just
by kwhitefoot 4y ago
Surely it is every America's ambition to be a millionaire using the free market and some elbow grease. So how is this a problem? Shouldn't the high price just magically cause more egg factories to be built? :-)
But if there is a cartel then that should be addressed regardless of the prices they charge.
Of course there doesn't need to be a cartel for the prices to be artificially high; if demand is high enough and nearly fixed then none of the producers will need to reduce prices in order to keep the sales volume high. Not all of them will chase higher market share at the risk of reduced margins.