Comment on [deleted]
throwwyacc@lemmynsfw.com 3 months agoRight, but the in order for the other station to not go out of business they have to match. But are incentivised to beat that price by a further 10c to increase the amount of business they get See where I’m going?
APassenger@lemmy.world 3 months ago
If there’s competition, yes.
If there’s scarcity, where the supplier side has more leverage, the math changes. They may well just volunteer to make more profit.
Where I live, the difference of one block is 50 cents over two intervals. One number on this street, 50 cents cheaper a block further and another 50 cents cheaper another block down. $1 in difference.
They’re all in business and have been this way for years.
throwwyacc@lemmynsfw.com 3 months ago
I actually don’t believe you. $1 difference in petrol price and people still go to the expensive one? You’d have to be a moron surely
APassenger@lemmy.world 3 months ago
I’m not telling you where I live, but it’s near an interstate.
I’m not lying and I don’t enjoy the accusation.
You also, after the veiled ad hom, did nothing to address the topic.
throwwyacc@lemmynsfw.com 3 months ago
That’s not really an ad hom. I don’t think you run a petrol station, so I’m not calling you a moron
It just economically make no sense that you’d have 3 different businesses that close together with wildly different prices. Like who would ever go to the expensive one? And why?