Re: "the Mooch"
This.
Demand is increased. Supply can't meet demand. Raise prices, make more money to build mills to meet increased demand.
If you keep the price the same, you can still only sell what you can make. So, in theory, you'd make no more money.
farmer92 said:Exactly!
I raises the price of imported steel.
The raised cost of import steel lowers the demand for import steel. But the steel is still needed so domestic steel sees increased demand.
With increased demand comes increased prices. That’s just the way the cookie crumbles.
This.
Demand is increased. Supply can't meet demand. Raise prices, make more money to build mills to meet increased demand.
If you keep the price the same, you can still only sell what you can make. So, in theory, you'd make no more money.