3 ms·
Which would be a great point if not for the oversight, subsidies, reserves and incentives that affect staple foods.
by roc 13y ago
Which would be a great point if not for the oversight, subsidies, reserves and incentives that affect staple foods.
- plock 13y agoThe point is that consumers are still able to bid down prices despite having no choice but to participate in the market. Individual sellers still have to convince individual buyers to buy their products, and to do so they have to price their goods competitively. It doesn't matter that there is no alternative to participating in the food market because there are alternatives within the food market.