1

Fair Pricing

Submitted by Kelja on November 14, 2007 - 17:05.

The definition of a fair price (at least mine) is what someone is willing to sell something for and what someone else is willing to buy that something for. Straightforward, simple.

When prices rise too high (an opinion), then people will either choose or be forced to buy less of that item. Perfect example: gasoline. The price keeps on rising because demand does not go down. Until people perceive they can't afford it anymore, the price stays high.

Best advice: quit complaining about being taken advantage - if something is priced too high, don't buy - or change your lifestyle to accommodate the price.

Reply

Please keep the comments civil and on-topic. Abusive or inappropriate comments will be removed without warning. By posting here you agree to our terms of use.

The content of this field is kept private and will not be shown publicly.
If you leave a link (include the http:// part), your name will be linked to your homepage.

You may use some HTML for formatting: <strong>bold text</strong>, <em>italics</em>, and <a href="">for links</a>. Empty lines are automatically converted to paragraph breaks.

Or click the link above that says 'enable rich-text' to use the fancy editor.

Captcha
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
10 + 9 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Have more to say? Join the discussions at Wise Bread's Finance and Frugality Forums.

Finance Blogs - Blog Top Sites