Quote:
Originally Posted by Vegas Cards
Not looking to argue, but I'll point out that this happens ALL the time. Airport gift shops literally sell things for 5x more. So do movie theatres, stadiums, etc. Ever pay $5 for a bottle of water you could have gotten for $0.20 at Costco? Maybe you haven't, but people do all the time.
Different options for different needs. The market will accommodate all buyers at every price it can in a system like ours. Its a sign of health.
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That's comparing apples and oranges. In many of those situations with the gigantic markup, the higher prices of those items is necessary for the business to succeed enough overall. The consumer often realizes that paying $12 for their bleacher ticket isn't going to make the team's ownership enough money to survive on its own, so they understand that it's practically an inferred part of the deal to be ok with paying $5 for a water or hot dog (and that overall, the value of that day's ballpark experience adds up reasonably for both sides in those spots).
This does not apply to a company who knowingly sells a $70 card set to an unknowing consumer for $400 (while inferring that the price is fair).