Quote from: Nebulous on December 14, 2013, 04:26:51 PM

Quote from: deisik on December 14, 2013, 02:08:53 PM

Quote from: Nebulous on December 14, 2013, 11:48:38 AM

So, he gathers the vendors and asks if they would agree to only sell cakes on the first day of the week, as this is the day when cakes are in demand, further he asks if they would agree to sell cakes for a price of $1 as they are free to set their price. If a majority of the vendors are selling at $1 the buyers will have no choice but to buy cake at $1 after the lower priced cakes are gone; in this way the 'union' of vendors make more money selling their cakes for $1 on the first day when demand is highest; as opposed to selling their cakes individually;

People would switch their consumption from cakes to something else which is less expensive and provides better satisfaction of their needs per dollar of price...

Then we'll sell that too for a buck

And then FTC (or whatever) comes after you and kicks your ass... Do you stem from a Rockefeller family?