Welcome Guest

Overcharged

Posted on: June 12, 2020 at 13:20:07 CT

ashtray UF

Posts:

111045

Member For:

22.62 yrs

Level:

User

M.O.B. Votes:

Overcharge is an economic term that refers to the difference between an observed market price and a price that would have been observed in the absence of collusion. The latter is often called a "but-for price" or a competitive "benchmark price".

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

When law and morality are in contradiction to each other, - pickle MU

- 6/12 11:35:36

It would seem that you have chosen the latter evil. (nm) - JeffB MU

- 6/12 12:12:06

Show me a citizen who needs morals or needs law in - RayKinsella1922 SEC - 6/12 11:59:04

is morality objective?(nm) - Ragnar Danneskjold MU

- 6/12 11:40:41

No, it is subjective. Each individual has their own moral - ummmm MU - 6/12 11:54:12

Even those themes seem rather subjective - Spanky KU - 6/12 12:00:59

neither 2 nor 3 are theft - pickle MU

- 6/12 12:47:07

all smart people would disagree with you(nm) - Spanky KU - 6/12 12:48:44

how does one "overcharge" for a product? - ashtray UF - 6/12 13:00:17

Seriously? Let’s say the price for ground beef is $2.00 lb - Spanky KU - 6/12 13:10:35

so the butcher committed fraud - ashtray UF - 6/12 13:16:23

he’s dumb (nm) - pickle MU

- 6/12 14:14:53

Yet I remain far more intelligent than either of you - Spanky KU - 6/12 14:32:17

He overcharged. - Spanky KU - 6/12 13:17:43

Overcharged - ashtray UF - 6/12 13:20:07

An actual example: - Spanky KU - 6/12 13:28:33

so CNN decides what "overcharge" means now? - ashtray UF - 6/12 13:35:21

Try using the English language...CNN did - Spanky KU - 6/12 13:57:10

I did use the English language, regardless of CNN's misuse - ashtray UF - 6/12 13:59:59

wikipedia is not a dictionary... Try again(nm) - Spanky KU - 6/12 14:15:56

wikipedia isn't the source - ashtray UF - 6/12 14:37:45

There are not sources cited.. try again(nm) - Spanky KU - 6/12 14:42:07

Keep dancing. Overcharge is a common English word - Spanky KU - 6/12 13:26:03

now you’re changing the subject (nm) - pickle MU

- 6/12 13:14:05

No.. I am showing your post was ignorant - Spanky KU - 6/12 13:16:18

Those aren't themes. Those are very specific questions. - ummmm MU - 6/12 12:02:33

They are themes.. and your comment on #1 - Spanky KU - 6/12 12:25:06

The first one is the most objective of all. It is just a - JeffB MU

- 6/12 12:14:39

wait so it is objective(nm) - Ragnar Danneskjold MU

- 6/12 12:00:32

It's not. (nm) - ummmm MU - 6/12 12:02:53

Then Bastiat's paradigm would essentially devolve to - JeffB MU

- 6/12 12:21:07

Jeff, even among idiots your idiocy would stand out (nm) - pickle MU

- 6/12 12:44:51

That would be pretty embarrassing for you, given that you - JeffB MU

- 6/12 13:58:21

oh, the irony (nm) - ashtray UF - 6/12 14:00:16

RE: It's not. (nm) - Ragnar Danneskjold MU

- 6/12 12:05:44