Explain why you feel prices are or are not determined in a free market environment in the US. Cite at least one example to support your opinion.© BrainMass Inc. brainmass.com March 4, 2021, 9:50 pm ad1c9bdddf
I'm going to share my own experience, since it highlights why I feel the answer to your question is a "yes", but not completely. From time to time, I go shopping for shoes that I can re-sell on eBay. Usually, they end up being women's shoes which are made by Coach, but sold by other authorized retailers. Coach controls it's products' supply and pricing by either selling goods themselves, or using a few select major retailers (Macy's, Bloomingdales, etc). A pair of ...
Discusses prices in a free market environment in the U.S.