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lazide
3mo ago
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If demand is high and supply is fixed (generally the case) you can also pull a DeBeers, grab everyone by the balls, and charge 3x (or more) the already high prices everyone would already get when you sell out your inventory.
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energy123
3mo ago
To the extent that demand is price inelastic, which in practice means a lack of substitutes and the product serving an essential need.
lazide
OP
3mo ago
With the AI boom ongoing, plenty of people with deep pockets are desperate. Perfect time for some gouging.
tliltocatl
3mo ago
Demand for diamonds is rather elastic, yet DeBrees did it.
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