One of the biggest technological advancements of our world is the advent of airplanes, and their practical commercialization. But while virtually anyone can hop on a plane and travel to a country halfway around the world, the experience is not only expensive, but it’s also a bit uncomfortable. There’s nothing more gut-wrenching than walking by the first class seats and wishing you could just sit there, only to keep walking to your smaller, more cramped abode. The reason you can’t isn’t just because first class seats aren’t just more expensive—they’re insanely more expensive, and here’s why.
Rich People Can Afford It
The answer is really that simple. Based on the laws of supply and demand, if someone is willing to pay something for a product or service, that dictates how much the seller will generally sell it for. This is the reason that first class seats are sometimes thousands of dollars more than economy, instead of just a few hundred.
The sobering reality is that to wealthy people, paying a few thousand dollars for a first class seat on a plane is really nothing to them. They can easily afford to spend that money and not think twice about it!