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Old 12-10-2002, 06:09 PM
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Samw Samw is offline
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Quote:
Originally Posted by reef_raf
I agree that removing the choice is the only thing that will work, and if the LFS only had 24 dollar clowns, they would sell. It escapes me why they don't. I guess my LFS would just raise the price of wild caught to match the captive raised down the street. More profit that way.
I believe in the Open Market Supply and Demand model for Economics. What'll happen when the price goes up and you keep the supply and demand curves constant is that you'll have lots of excess inventory of clowns left over because the demand for clowns is less at the higher price. For $24, people who only want to buy $15 clowns will now buy a tang or something "better" instead. What'll happen then is that sales of tangs or other substitutes go up and then you create pressures on other species.
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