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Increasing prices don't just reduce demand. They also increase supply. Uber can't order drivers to work against their will. By increasing the price, they are m
by danielweber 14y ago
Increasing prices don't just reduce demand. They also increase supply. Uber can't order drivers to work against their will. By increasing the price, they are making more sedans available.
- bradleyland 14y agoI'm not really arguing that. I'm only attempting to explain why price controls are put in place.