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Volleyball
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[quote=Anonymous][quote=Anonymous]OP, you will hear a lot of outrage at the idea that you are outraged by the price of volleyball. You are right to be outraged because the prices do not reflect in any way the costs to run those activities. Even the most expensive venue gets paid for by the first 2-3 players who sign up for the camp / clinic. They charge this much because there are enough suckers who offer their daily praises to market forces and are willing to pay. Then you have those who complain about the price, but they still pay because they don't want to be left behind. [/quote] Amazing discovery: businesses charge more than their marginal cost. Wait until you hear about day cares, ice cream shops, dog groomers, summer camps, music lessons, restaurants, movie theaters, ski resorts, airlines, and literally every other business on Earth. None of them sit down and say, "Well, the first three customers covered our costs, so everything after that should be free." Day cares don't charge based on the hourly wage of the teacher. Ice cream shops don't price a cone based on milk and sugar costs. Dog groomers don't charge only for shampoo and 30 minutes of labor. And so on. If the clinics are full, they're priced correctly. The fact that people keep paying while simultaneously complaining about the price is basically the entire history of consumer spending.[/quote]
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