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To: PJ-Comix
Supply and Demand.

Wait for the last minute to purchase a high demand time slot, pay a huge premium.

The purpose of a business is to make money.

Good service, reasonable prices, and reliable availability are all byproducts of the profit motive combined with Judeo/Christian ethics based society.

4 posted on 03/13/2023 6:09:54 AM PDT by marktwain
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To: marktwain
Good service, reasonable prices, and reliable availability are all byproducts of the profit motive combined with Judeo/Christian ethics based society.

I agree but the second part of your statement is severely lacking in society today. This is really the crux of all of our issues in the world today, lack of morals. This lack of morals turns captitalism into consumerism and profiteering.

8 posted on 03/13/2023 6:13:44 AM PDT by frogjerk (More people have died trusting the government than not trusting the government.)
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To: marktwain

At those prices, I would recommend he build a personal bowling alley next to his house.

Went to HS with a girl whose family had a small bar & 4 lanes of bowling alley in the basement.

Never were NOT busy.


44 posted on 03/13/2023 8:23:21 AM PDT by ridesthemiles
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To: marktwain
“ The purpose of a business is to make money.”

You are absolutely right about that. I have my students think about why very in-demand restaurants might charge for the very act of making a reservation, to get them thinking about the cost to a diner, and to the restaurant, of making a reservation and then not showing up.

The kinds of stuff described in this article is a way of allowing businesses to do what’s called price-discriminate, which allows them to make more money by charging people who want to pay more for it.

It’s a perfectly legitimate thing overall. But given how many businesses run to the government to protect from from competition from “unfair” meanies, I’d worry about this kind of stuff against that kind of backdrop. (None of the examples in the article seemed to be of that kind.)

49 posted on 03/13/2023 8:31:23 AM PDT by untenured
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