My girl was looking for a dress for Halloween. Yesterday she found one on Amazon for € 35 and put it in the cart, but did not buy it. Today she looked it up again and it was € 50 so she asked me to look it up with my phone with my Amazon account - it turned out to be € 23 for me, less than half of what it’s for her!
Motels and hotels have been doing this for decades. Check out room prices in college towns on game weekend.
Right, but that would be a whole crowd’s worth of demand. Why would you raise the price of something after only one person shows interest? One person is not “demand.” And also, there probably isn’t a finite supply of the product in question like there would be for hotel rooms in one town.
I learned about supply and demand in middle school.