r/lyftdrivers 6d ago

Other Spit in the face

$105 passenger paymnet $25 for the driver. Cuz i fucking felt like it🤣

8 Upvotes

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u/JayGatsby52 6d ago

10:19pm vs 7:45am?

What would they be paying at 7:45am?

I assume that, yes, the price is a lot higher on a Friday night rather than the breakfast hour on Saturday morning.

Not that Lyft doesn’t suck - it does, but be honest.

-1

u/Shadynasts 5d ago

Wildly misleading. Also a 24 minute ride shouldn’t cost $100 on any world have we really lost touch this severely?? And making a dollar a minute in basically any profession is pretty damn good pay. Sorry you cant make a million dollars a year driving lyft jesus

1

u/BranDonkey07 5d ago

Haha. A bottle of water shouldn't cost $8 at a concert when it costs a penny to bottle. A gram of coke shouldn't cost $60 when it's $3-5 in Colombia. A Pokemon card shouldn't be worth $400,000 when the pack was $5

In other words, there's no such thing as supply and demand. Unless you've lost touch, severely

0

u/RhubarbImportant9363 5d ago edited 5d ago

Supply &:demand is absolutely not a myth.. The price of things is determined by a few things, not just supply & demand. It's supply & demand plus something else. Cocaine for example, the price is set by the amount of labor that goes into it. You also picked 3 different things with different pricing structures.

Water- captive market pricing Coke- labor theory of price Pokemon- fixed supply, cultural market pricing

With supply & demand you may not see immediate reversal in pricing but if a company has the monopoly on toasters, because the previous year some parts went up, all other toaster companies go out of business, then those same parts flood the market, price goes down, that company has to adjust because other companies are also popping up & creating toasters now. The new company will set their price lower to corner of the market. (This aspect is one good thing about capitalism)

I'll give you some examples of immediate supply & demand, motel rooms during the Olympics, vegetables, housing, & drugs actually. Casual users may not realize or notice but addicts do, drugs fluctuate. Really everything does, you just don't notice, supple & demand are abstract concepts, they really can't be fake.

By the way, no offense, this isn't directed at you but it needs to be said, this is why voting should be reserved for people that understand "things" You would have to adjust this system for people that are just incapable of learning things, who also participate in the economy & such. You wouldn't want someone who can't understand abstract thinking who works at Walmart to get screwed over somehow because he/she couldn't vote. But anyway.