Econ 101 covers supply/demand curve, i.e., how markets create prices as an equilbrium between consumer/producer, and how a company arbitrarily spiking prices will cause them to lose market share because their customers don’t want to pay more for the same thing.
Econ 101 covers supply/demand curve, i.e., how markets create prices as an equilbrium between consumer/producer, and how a company arbitrarily spiking prices will cause them to lose market share because their customers don’t want to pay more for the same thing.