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You can't simultaneously argue that price gouging events are rare and not rare. Pick one. I was referring to the volatility of oil being factored into the pric
by jjk166 4y ago
You can't simultaneously argue that price gouging events are rare and not rare. Pick one.
I was referring to the volatility of oil being factored into the price which is why Exxon Mobile's stock doesn't go up significantly when the price of oil goes up.
- dangwhy 4y ago> You can't simultaneously argue that price gouging events are rare and not rare. Why not though. It can be rare in some industries( eggs) and not rare in others(oil & gas). Why would there a be universal price gouging rule that applies to every industry. > I was referring to the volatility of oil being factored into the price which is why Exxon Mobile's Thats what i am asking you why is not factored into Cal-Maine's stock but factored into Exxon's stock.
- jjk166 4y agoThe first part you wrote is the answer to the second part.