• otp@sh.itjust.works
    link
    fedilink
    arrow-up
    1
    ·
    11 hours ago

    Pricing in the loss only makes sense if it recovered any of the losses.

    Maybe I’m not understanding what you mean, but I don’t think that’s true. They raise prices to account for the fact that they will not receive any money and lose out on what they paid for some percentage of the items.

    And if it did, I’m pretty sure they would’ve already done it regardless of whether there’s any loss since it would just be pure profit in its absence.

    Not necessarily. Not if they’re trying to beat a competitor’s price, for instance.

    • howrar@lemmy.ca
      link
      fedilink
      arrow-up
      1
      ·
      10 hours ago

      Those same competitors exist even if you steal from them. If raising prices means they make less profit due to those competitors, then they can’t raise prices to offset losses either.