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Joined 1 year ago
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Cake day: July 29th, 2023

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  • Right, but the before price is no longer available to me now. When I’m at the grocery store, I have to make decisions on today’s prices. My choices are to buy brand A, B, or C. Or I can buy nothing. Or I can go to another store and hope for lower prices.

    The company making the product likely has their own costs that have increased, such as increased labor and/or materials. In an inflationary environment, I cannot reasonably expect every company to maintain the same prices indefinitely, the company would then be forced to sell the product at a loss, which would lead to bankruptcy of the company.

    Companies could increase prices, and/or decrease quantity arbitrarily to increase profits. But that’s where competition with the other brands would keep them in check.