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one reason supermarkets keep their prices low is because of a motivated 8-10% that are avid coupon and price sensitive shoppers. They keep the supermarkets hone
by IG_Semmelweiss 3y ago
one reason supermarkets keep their prices low is because of a motivated 8-10% that are avid coupon and price sensitive shoppers. They keep the supermarkets honest for the rest of us.
A 8-10% swing in topline revenue for the supermarket is a lot. Supermarkets can't afford to scare away those shoppers. We all benefit from that positive externality
- jmye 3y agoSupermarkets aren’t judged on their ability to sell meat that has expired, or stale bread, or other suboptimal products. Public schools are required to educate everyone. This is a bad comparison and another example of why “free market education” is nonsense.