08-11-2023, 08:20 PM
(08-11-2023, 02:56 PM)Goldmine Wrote: Soon all these cheap coffee shop food stalls will raise their prices knowing that their food are cheaper than others. These scheme will backfire. Instead of getting the desire effect for consumers it has the opposite effect of helping these food stall owners to raise prices.
initially these hawkers will follow govt order charge lower
sooner than expected come to sq ones again as they will reason that rent increases water n electricity increase material increase wages increase cant sell cheaper.
roots of the problems are not eradicated