I read somewhere yesterday a person was complaining about the price of McDonalds and how inflation is out of control and of course hi prices at McDonald's is Biden's fault. I explained prices are determined by what people are willing to pay. If I think a restaurant is too expensive, I stop going. If a lot of people do, the restaurant low…
I read somewhere yesterday a person was complaining about the price of McDonalds and how inflation is out of control and of course hi prices at McDonald's is Biden's fault. I explained prices are determined by what people are willing to pay. If I think a restaurant is too expensive, I stop going. If a lot of people do, the restaurant lowers the prices. Same with McDonalds. Same with Teslas, if demand goes down, prices go down.
I read somewhere yesterday a person was complaining about the price of McDonalds and how inflation is out of control and of course hi prices at McDonald's is Biden's fault. I explained prices are determined by what people are willing to pay. If I think a restaurant is too expensive, I stop going. If a lot of people do, the restaurant lowers the prices. Same with McDonalds. Same with Teslas, if demand goes down, prices go down.
Also, people are complaining a lot because they are paying exorbitant amount for Uber eat and door dash post pandemic. Sigh.