@dodgertodd, some prices are arbitrary. In the case of a monopoly, whatever price the monopoly sets for their product/service on a relatively arbitrary basis (excluding operating costs). Also read the Wealth of Nations and see Adam Smith's viewpoint of businessmen, it's not flattering. "People...
@dodgertodd, some prices are arbitrary. In the case of a monopoly, whatever price the monopoly sets for their product/service on a relatively arbitrary basis (excluding operating costs). Also read the Wealth of Nations and see Adam Smith's viewpoint of businessmen, it's not flattering. "People...