Why should cost determine your prices if customers willingness to pay remains?

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Feb 9, 2016
9:19:28pm

ToasterChive All-American

Why should cost determine your prices if customers willingness to pay remains?

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ToasterChive

Previous username: Chicarl
Bio page: ToasterChive
Joined: Sep 3, 2010
Last login: May 2, 2024
Total posts: 22,060 (418 FO)

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Messages

Author

Time

Trying to surprise my wife with a cruise. I hate that prices keep going up.

SWKTDweller

2/9/16 9:14pm

How are prices going up with fuel prices being what they are?

Ssebo

2/9/16 9:16pm

Maybe because demand is going up with all of the money people are saving at the

RdF3

2/9/16 9:17pm

Why should cost determine your prices if customers willingness to pay remains?

2/9/16 9:19pm

The issue is competition. There is a lot of it in the airline/cruise business.

Ssebo

2/9/16 9:20pm

So what you're saying is the industry is illegally colluding to price-gouge?

2/9/16 9:22pm

Competition implies benefits to the consumer. When prices remain high in comp..

2/9/16 9:33pm

I think I've heard that airlines have fuel contracts in place to regulate their

2/9/16 9:28pm

this is true, but they will also hedge at the current prices for the next period

Nat Gas Man

2/9/16 10:26pm

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