Fernando, upon doing some
basic economic diligence one August afternoon, concluded that he
needed to raise his prices to keep pulling in an amount of money
which would allow him to exist more-or-less comfortably. His
distributor had been slowly hiking up prices on the supply end of
things, and the cost of living had, of course, been creeping its slow
way upwards over all of history as inflation worked its magic.
He increased the price on
his new releases by fifty cents, effective September 1st.
Everything else in the store remained the same price. He did not in
the slightest look forward to explaining this change to his customer
base, but for the most part people were cool with it.
Then one lady came in to
rent Star Trek: Into Darkness.
“It's four dollars now,
actually,” Fernando tells her after filling out the slip upon
noticing she has dug out three-fifty in bills and change.
“What's that?”
“New releases are now
four dollars.”
“They're supposed to be
three-fifty.”
“Well, they used to be
three-fifty. Now they are four dollars.”
“What if I don't want
to pay that much? What if I decide not to come here anymore?”
Fernando shrugs. “Then
I suppose you won't be renting or coming here anymore. Though let me
pose this question: Do you also threaten the managers of gas stations
or grocery stores when they change their prices?”
The lady's mouth snaps
shut. She does not answer Fernando's question, but she does withdraw
another dollar bill, and that is good enough for him.
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