When you make a purchase with a merchant does it matter how much profit the merchant makes from that purchase?
When you make a purchase with a merchant does it matter how much profit the merchant makes from that purchase?
Not at all! A merchant should be able to get whatever the market will bear without government interference.
I always shop for the best quality and price on the items I want. I look for American made products first but if another country makes a better product then I will consider it. Competition is a good thing.
"If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen."
Samuel Adams
ΜΟΛΩΝ ΛΑΒΕ
As well as profit!
i am not sure it is that cut and dry. this question relates to the topic:
do you think anti trust laws are good or harmful?
Before enlightenment - chop wood, carry water. After enlightenment - chop wood, carry water. ~Zen Buddhist Proverb
they are good in preventing price fixing
that is my take, though i believe some on this site don't agree. anti trust also attempts to foster more open trade or more "free" trade. if that is the case, then the merchant can charge exactly what the free (as possible) market will bear. IMO
Before enlightenment - chop wood, carry water. After enlightenment - chop wood, carry water. ~Zen Buddhist Proverb
Alright, I will ask it another way.
Is is moral for a merchant to make much more profit selling an item compared to a competitor on a like item?
Before enlightenment - chop wood, carry water. After enlightenment - chop wood, carry water. ~Zen Buddhist Proverb
If they can, sure why not? I don't see anything immoral about it.
I think the question lies in how they would accomplish that proposal.
In your scenario are restrictions imposed on 1 seller but not on the other or does 1 have a lower overhead or say greater buying power?
"If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen."
Samuel Adams
ΜΟΛΩΝ ΛΑΒΕ
I shop based on price (or price per unit, if I'm shopping for groceries) and quality of the good in question. I have little way of knowing the profit margin, so I don't consider it.
Yes, absolutely, especially considering all the "intangibles" that go into such things: customer service, warranties, labor, brands, etc.
Liberty is the greatest measure of equality.
Economic Left/Right: 9.38, Social Libertarian/Authoritarian: -2.51
Sola Scriptura | Soli Deo Gloria | Solo Christo | Sola Gratia | Sola Fide
I get irritated when I have to buy items at the local 7-11 that are over priced. I think they can do what they want, though. And I can always shred some newspaper if I'm that desperate to save a buck or two.
or what about $4.50 for a soda/popcorn that costs the merchant only 50 cents at the movie theatre and then they won't let you bring in outside drinks? pain the ass, but hey, you don't have to go the movies. i've heard people say it is immoral, and i'm like what, how? no one is forcing you to buy that soda and for pete sakes, use yer noggin and buy cargo shorts and put the soda in the pocket or get a hot wife and use her purse
Before enlightenment - chop wood, carry water. After enlightenment - chop wood, carry water. ~Zen Buddhist Proverb