Several times over recent podcasts, the podcast crew has criticized Disney for increasing the prices of buffets. You have particularly criticized Disney's explanation that this was due to "customer demand". In a recent podcast, Pete made the point of correcting one of the other podcasters when they used a different word and Pete said Disney said it was due to "demand".
I think you guys may have missed the point. Disney isn't saying that customers demanded higher prices, but rather that due to supply and demand the increase was justified. I am not saying Disney is correct. But if the Buffets are packed, then raising prices is certainly justified. A market price dampens demand thus opening up supply (albeit for those who can afford it).
I think you guys may have missed the point. Disney isn't saying that customers demanded higher prices, but rather that due to supply and demand the increase was justified. I am not saying Disney is correct. But if the Buffets are packed, then raising prices is certainly justified. A market price dampens demand thus opening up supply (albeit for those who can afford it).