Originally Posted by Hawkeye
Even though demand shot through the roof for everything some places like Midway have not raised prices. Also pmag itself is still selling for the same price it was before the demand. Only a select few middle men have raised prices. If anyone should be raising prices it should be pmag because if parts of the proposed bill passes they could be out of business.
There is a whole lot more to business than maximizing short term profit.
Won't argue with any of that. Just giving a simple explanation of supply and demand. I would have raised prices. Who knows what this legislation will do to all of these suppliers and manufactures. Especially the ones who vow to discontinue sales to government entities who deny rights to citizens.
There is a lot to business and a lot to what makes things happen in specific markets. Sometimes, higher prices during a low supply high demand period can temper a buying frenzy. Not saying that was their intention but as someone else pointed out, if someone is selling mags for a super high price they will likely have more available. So if i didn't have any, i could at least have the option of buying a few for an exorbitant price. But i'd have them.
As i said before, i told most people to wait on buying an AR until the prices correct themselves. But that's easy for me to say while owning 2 already. One thing is for sure, it's it's priced too high, people won't pay it.