Stupid, stupid, stupid.
Prices go down when demand goes down and supply remains constant/increases, or when supply increases and demand remains constant/decreases. Neither of those two scenerios are occuring here because you are just buying the same quantity of gas from another supplier. Also, why stop at $1.50? Is there any significance to that figure?
Exxon Exec: "Oh no: it seems people are irrationally boycotting our product until we lower our price to the seemingly arbitrary value of $1.50. We could reduce our price by a quarter to meet their demands, thereby losing out on huge amounts of revenue... or we could ignore the small fraction of 1% of our previous customers that are now boycotting us. I'll have to think on this one..."
__________________
The peculiar evil of silencing the expression of an opinion is, that it is robbing the human race; posterity as well as the existing generation; those who dissent from the opinion, still more than those who hold it. If the opinion is right, they are deprived of the opportunity of exchanging error for truth: if wrong, they lose, what is almost as great a benefit, the clearer perception and livelier impression of truth, produced by its collision with error. ~John Stuart Mill, On Liberty
|