Quote:
Originally Posted by retiredguy123
I have a different take on this topic. A business has the right to charge whatever they want for their product or service. That is capitalism. Price gouging only occurs when a business is taking advantage of people as a result of a special situation where the customer has no other choice but to pay an excessively high price for an essential product. Washing a car is not a special situation where price gouging applies. If you don't want to pay $34 for a car wash, then go somewhere else. But, it is not price gouging. The business has no obligation to charge based on their costs.
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I agree. Nothing wrong with making an honest buck.
"Charge what the market will bear". If people keep paying it (whatever "it" happens to be) the merchants will probably keep charging the price being paid for it.
Want the price to come down. Don't patronize them. If enough people do that, the price comes down or the merchant stops selling that particular product/service.