I think it was in 2022 I read an article in the Wall Street Journal that talked about how Coca-Cola had raised its prices well above the actual inflated cost because their studies showed that consumers would pay the higher prices since Covid-era inflation was raising prices of all goods and services across the board. That was an eye-opener for me. Coca-Cola was actually making bigger margins in the face of all that inflation.
Based on an elasticity data driven decision. A good example proving the point that companies would not wait for higher COGS to raise prices if they thought they could get away with it.
Let me help,
Going on Federal property, taking down and burning the flag is illegal and it belongs to me along with 300 million others. Who they also threatened with death..
That's what that flag represents. All of Us!
You yourself just said you strongly disagree with burning the flag and ntifa just committed a crime on federal property. Mine and yours!
What say you?
Imagine selling for a higher price if the public will pay it. Sort of a free enterprise Econ 101 lesson. Versus the labor theory of value in which the market doesn't set prices but commie/socialist elite decide what the right price is supposed to be.
Common recruiting tactic in China.