Why do some prices remain unchanged for decades?

In today's era of skyrocketing prices, the prices of some commodities have not increased for decades or even centuries. For example, the price of a small item such as a one-dollar lighter has been maintained for more than 20 years. So, what is going on?

First, let’s talk about lighters. It is a common smoking device and an essential tool for people's stoves and fire ignition in outdoor life. The manufacturing process of lighters is very mature, the production efficiency is also very high, and the cost of raw materials is relatively low, so the production cost of lighters is not high. In addition, with the advancement of science and technology, the emergence of some new lighters has made the market competition more intense, and it is naturally difficult to increase the price of lighters.

In addition, there are some commodities that have similar price stability. For example, the prices of some toothpaste brands have not fluctuated much for decades. This is because the cost of toothpaste is not high and the market saturation is not high. In addition, consumers' demand for toothpaste is very independent, and price increases are likely to cause consumers to switch to other brands or other products.

In addition, the long-term price stability of some commodities is due to the stable relationship between demand and supply. For example, the demand for some commodities always remains at a relatively stable level, and the supply is roughly the same, which will not lead to large price fluctuations.

Of course, the prices of some commodities are rising, but the reasons are different. For example, the prices of rare metals, exotic works of art, high-end famous brands and other commodities are determined by the market and have nothing to do with supply and demand and cost.

In general, commodity price fluctuations are determined by various factors such as market conditions and consumer demand. Although some commodity prices are stable over the long term, there is no guarantee that prices will remain unchanged forever.