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Should it though? If it's natural market forces then we have one of two solutions: * Raise prices to reduce demand until supply can meet demand * Randomly dec
by swsieber 4y ago
Should it though? If it's natural market forces then we have one of two solutions:
* Raise prices to reduce demand until supply can meet demand
* Randomly decide who can buy eggs because any eggs in the store at the lower price point will always be out of stock.
The benefit of the first solution is that it encourages more suppliers to enter the market and correct the supply distortion... as long as it's actually market driven and not collusion driven.
- josephcsible 4y agoA lot of people seem to prefer your second solution because they think it's immoral for people with more money to be able to buy more things than people with less money.