Quote:
Originally Posted by Devils'Advocate
But therein lies the rub. Remember those funky supply and demand charts we did in grade 8 economics classes? Business are ALREADY charging us the MAXIMUM that they can charge us without losing business....
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So, then, explain to me why we're paying $1.20/L for gas today when the gas vendors proved only a week or two ago that they can charge $1.39/L and people would still buy? Explain why "petrol" costs twice as much in the UK yet people still pay for it?
I don't need explanations...I only felt like saying that you've attempted to over-simplify things and used the classic technique of presenting it as something that "we all learned in Grade 8." It only works if nobody calls you on it, so there you go.