If I buy an item for $5 and have people willing to pay me $500 for that same item…(see details)
Is that price gouging or just a fair profit? and does it still mean the same if I am a big box store, or a vehicle dealership?
I mean is it gouging if people are willing to pay for it, even though I paid very little and they are going to pay through the nose for it?
Is it different if a person does it, or a business does it?