Submitted by Zondartul t3_z6vism in explainlikeimfive
SymphoDeProggy t1_iy3at2y wrote
Depends on where you are in the world.
Some countries have set controlled pricing for bread and the like to prevent arbitrary price hiking on basic goods.
But generally, the real limit you have as a vendor is whether your customers are willing to pay the increased price, or will a competitor undercut you.
It doesn't matter how much you make per sale if no one will buy from you.
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