who is smart or stupid

[Torchwatch]

To quote the song " For the more you pay, the more it's worth"

The price of goods in a free market is dependant on supply and demand, if goods are properly described (and not fakes or seconds) then the seller sets the price and the buyer makes an offer or walks away.

At the low end of the market suits are being sold at prices below the value of the fabric and elastic they are made from. While at the top end the value of materials and labour is only a small part of the sale price.

A lot of shops/stores used to double the price they pay for goods and add a bit, but then a lot of shops are closing down down.