If you think it is not good for producers and consumers, you are not disagreeing with me as much as with economic theory. Personally, I think there are many distortions in practice that can lead to exceptions, but that in the bigger picture of things, it nonetheless holds water.
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Wouldn’t Consumers Be Better Off If Everybody Paid the Same Price?
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In many cases, no. Different customer segments have different characteristics and different price points that they are willing to pay. If everything were priced at say the "average cost," people with lower price points could never afford it. Likewise, those with higher price points could hoard it. This is what is known as market segmentation. Economists have also identified market mechanisms whereby fixing static prices can lead to market inefficiencies from both the supply and demand sides.
I will not try to recreate the arguments to the theory but here is a basic one to start with from https://www.investopedia.com/terms/p/price_discrimination.as...:
--- Wouldn’t Consumers Be Better Off If Everybody Paid the Same Price? --- In many cases, no. Different customer segments have different characteristics and different price points that they are willing to pay. If everything were priced at say the "average cost," people with lower price points could never afford it. Likewise, those with higher price points could hoard it. This is what is known as market segmentation. Economists have also identified market mechanisms whereby fixing static prices can lead to market inefficiencies from both the supply and demand sides.