Comment on Mama didn't raise no quitter

mappe@moplemmy.fyi ⁨3⁩ ⁨weeks⁩ ago

• empireOfLove2@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

  Other way around. Modern capitalism dictates that as sales drop, prices must rise so profits can remain the same or continue increasing.

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  • toiletobserver@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    LINE GO UP

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    • MutantTailThing@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Stonks

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  • stickyprimer@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Probably, yeah, because as the casuals drop out, only hardcores will remain, and they are frankly willing / compelled to pay more. So they will.

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  • bstix@feddit.dk ⁨3⁩ ⁨weeks⁩ ago

    Yeah about that… nothing modern about it. That’s what it was supposed to be by the old observations when people had actual scarcity of … wheat and corn or whatever.

    It doesn’t work for alcohol today. There are still people doing moonshine brew because it can’t get cheap enough. The demand will never reach a bottom nor a peak.

    It’s layers of markets. If you can’t sell your shit brew at “market price” you can always dump the price and reach a new market of bottom feeders or go the other way and pay influencer to make a silly drinking game to make artificial scarcity in the upper market.

    There’s always enough supply and demand that everything is possible.

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• yaroto98@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  With fewer people smoking, the price of cigs sure didn’t drop.

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  • ToiletFlushShowerScream@piefed.world ⁨3⁩ ⁨weeks⁩ ago

    Now that… That is interesting man. I’ve never thought about that.

    But WHY?!

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    • cynar@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      Most of the cost is production and taxes. If demand falls, production resources (land etc) are diverted to more profitable crops. This makes supply fall until prices reach a new equilibrium.

      Taxes then add a fixed offset to that.

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