alt Hacker News>Grocery stores across Newfoundland and Labrador have been struggling to keep hard bread in stock since a fire at the Purity factory in March put a crimp in the company’s baking operations.
Is it really that hard to raise the price to keep it in stock?
Replies
pjc50 • today at 10:35 AM
You know what's really oversupplied in this subthread? One sentence contrarianism.
(not that I haven't done it myself occasionally, but guys you really are not helping anyone here including yourselves)
close04 • today at 9:52 AM
Raising the price doesn't increase the supply, it just selects who can access it. Most of the people will still not get it, just for a different reason.
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How does that solve the problem?
I love how in economics, a shortage can be solved by increasing the price instead of by increasing the quantity. It really makes you understand that the field of economics uses stupid definitions of words.