Quote:
Originally posted by - AFN -
This is why invented 99 Cents Stores.
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Except you missed my point that if Wal-Mart had its ultimate way you would actually be paying $99 for something that you once paid $50 for. That's the goal of all monopolies. They only undercut prices to remove competition, then they can raise the prices to whatever they want since no one is around any longer to compete.
Look at Windows, you think its worth how much its sold for? Of course not, its value is determined by the amount of people that are willing to purchase it any given price, this ratio is calculated for the largest total profit and that becomes the price.