Quote:
Originally Posted by F8L
I agree. The price should be about $13/ga. to reduce externalized costs.
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Should? On what moral or economic grounds is this based upon?
A price is nothing more than a quantification of a product's value. And if the seller sets a ridiculous price, the consumer tries to leave. The seller wants it as high as consumers will tolerate, and consumers want it as low as possible. Really, a product's price is determined by what the market (the aggregate of the people) will tolerate.
Why artificially increase it?