Quote from: Baki202 on Today at 08:23:35 PM

Quote from: Casdinyard on October 01, 2023, 10:55:57 PM

Law of supply and demand is the first thing that would come to mind when talking about the price of stuff. If you want to cheapen things out, especially commodities like food items and perishables, you gotta make them or produce them more than what you would normally. This would create a surplus supply, and in order to make sure it sells out you'd drop the price of the goods which will be great for the people. Another would be the price of oil. Should we find a way to effectively rollback the price of oil and fuel, logistics wouldn't be so expensive anymore which is also one of the primary factors why produce is so expensive, with a cheaper transportation fee, vendors can sell these goods at a cheaper rate.

The number of producers are limited and the demand is high and the supply is limited and that is why it is expensive because one part of the market is suffering, if there is a balance between demand and supply then the price will be moderate and much more affordable for people. If anything should affect the price of fuel then every other thing will be affected because of transportation and fuel price is even increasing everywhere so there is still a problem that needs attention. If not attended to then we are not ready to address this issue.

It always falls down about that basic or common law of supply and demand on which if the demand is high but the supply is less then expect that good would really be that expensive but if the demand is low but the supply is high then expect that it would be cheap but we know that there are instances or scenarios on which prices are really that high even the supply is just right just because there are those brokers or distributors or simply with those businessman who do really tend to choke up the supply just to make it look that there's a lack of supply on which they are hoarding it off and on the time that the price is increasing then
this is the time that they would be unloading those things and making that huge profit out of those method. This is why we do have government sectors on which it would really be that monitoring market
price because of these possible kind of doing or activity which it would really be making things even more worst and they are really just that minding with their own benefit instead on trying out to help the economy.