Neverending greed - Upgoat - "what's upgoat!"

If you have a margin, and you increase your price, and that price increase doesn’t result in a corresponding decrease in demand, your profit also increases.

If you can raise prices without a corresponding decrease in demand that means the PED of the product you’re selling is <1 and you either don’t have much competition or your competition isn’t very good. Starbucks aren’t exactly selling essential products, if you’re unhappy with the prices they’re charging or the margins they’re enjoying then just don’t shop there and remember that if other people do choose to shop there it does not affect you in any way, shape or form.

[ + ] bonghits4jeebus

[ - ] bonghits4jeebus 0 points 3.3 yearsFeb 4, 2022 15:17:47 ago (+0/-0)

If you can raise prices without a corresponding decrease in demand that means the PED of the product you’re selling is <1 and you either don’t have much competition or your competition isn’t very good.

I don't see how that accounts for inflation. Which is absolutely one of the reasons Starbucks has been raising prices.

I guess an economist might look at that as "they didn't raise prices"

[ + ] NaturalSelectionistWorker

[ - ] NaturalSelectionistWorker 1 point 3.3 yearsFeb 3, 2022 20:55:44 ago (+1/-0)

Gotta launder the money they create from nothing somehow.

[ - ] localsal 9 points 3.3 yearsFeb 3, 2022 18:40:49 ago (+10/-1)

Everyone should be making food from home, and coffee from home, if need be.

Anyone going to these places deserves to be robbed of their money.

[ + ] dassar

[ - ] dassar 0 points 3.3 yearsFeb 3, 2022 22:31:59 ago (+0/-0)

Concur and I see you got a downvote - Guess we Found the goy-food consumer.

[ + ] localsal

[ - ] localsal 1 point 3.3 yearsFeb 4, 2022 01:15:36 ago (+1/-0)

https://www.youtube.com/watch?v=gMai8MYj0_0

[ - ] Youdgetfuckedfaggot 0 points 3.3 yearsFeb 3, 2022 20:06:28 ago (+0/-0)

Would be sweet if someone who had access to cruise missiles would launch a few at these kikes

[ - ] Special_Prosecutor 3 points 3.3 yearsFeb 3, 2022 21:08:20 ago (+3/-0)

Oh shit!!! A business is operating on greed!!! What the fuck!!!

[ - ] Belrick 1 point 3.3 yearsFeb 3, 2022 22:21:35 ago (+2/-1)

Sounds like a commie cunt meme

[ - ] Broc_Liath 2 points 3.3 yearsFeb 4, 2022 01:11:25 ago (+2/-0)

1. If there's inflation then profits will have to go up just to stay the same. Same goes with prices.

2. For a multinational company a few million is a drop in the bucket. It wouldn't matter if they paid their CEO minimum wage and used the rest to drop the price of coffee, it probably wouldn't even take a cent off your soy latte.

3. I have nothing but contempt for whorebucks cons00mers. They didn't care about being fleeced up until now, what changed all of sudden?

[ - ] TheDivineLight 0 points 3.3 yearsFeb 4, 2022 09:06:55 ago (+0/-0)

Costa is expensive and not worth it too, but at least they sell something I'll buy and the staff locally are very nice.

[ - ] sayyestoracism 0 points 3.3 yearsFeb 4, 2022 09:55:10 ago (+0/-0)

You know 6 months from now Biden is going to brag about how so many businesses are generating record profits and the minimum wage went up, saying he fixed the economy and the supply chain issues. And we all know he's full of shit.

Sign into an existing account

Neverending greed submitted by deleted to twitter 3.3 yearsFeb 3, 2022 17:18:52 ago (+46/-1) (twitter)

Neverending greed
submitted by deleted to twitter 3.3 yearsFeb 3, 2022 17:18:52 ago (+46/-1) (twitter)