Answer :
Final answer:
Pluribus Bell and Cyrus profited by exploiting market demand and scarcity, purchasing essential goods at regular prices, then artificially inflating prices for resale, prioritizing personal gain over ethical considerations.
Explanation:
Pluribus Bell and his partner, Cyrus, made money through a scheme involving the purchasing and reselling of goods at inflated prices. They engaged in price gouging by exploiting market demand and manipulating supply to their advantage. This involved purchasing essential goods, such as food, medicine, or fuel, at regular prices, often during times of scarcity or increased demand.
They would then artificially restrict the availability of these goods or create the perception of scarcity, driving up prices. Subsequently, they would resell the goods at significantly higher prices, profiting from the inflated demand.
This unethical practice took advantage of consumers' urgent needs and vulnerabilities, allowing Pluribus Bell and Cyrus to generate substantial profits at the expense of others. Their business model relied on exploiting market dynamics and manipulating prices for personal gain.
