Dr McBeefington
Restricted
Registered: Jul 2006
Location: Account Restricted
No because CE is sold out. I should have foreseen this and bought 10 copies, then resold for double the price. Damn me but kudos to basic economic principles of scarcity and demand.
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Greed is Good.
Dec 13th, 2011 10:21 PM
Lord Lucien
Oh hai, Mark.
Registered: Jul 2005
Location:
It leads to... higher prices?
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I did not hit her, it's not true. It's bullshit. I did not hit her. I did naawwt.
Dec 13th, 2011 11:13 PM
Dr McBeefington
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Registered: Jul 2006
Location: Account Restricted
quote: (post ) Originally posted by Lord Lucien
It leads to... higher prices?
If the demand is there and scarcity becomes an issue, that means supply goes down, which raises the price of the product.
__________________
Greed is Good.
Dec 13th, 2011 11:36 PM
Lord Lucien
Oh hai, Mark.
Registered: Jul 2005
Location:
Yay, I was right!
__________________
I did not hit her, it's not true. It's bullshit. I did not hit her. I did naawwt.
Dec 13th, 2011 11:39 PM
Based
iPinoy
Registered: Jul 2010
Location:
Everyone roll on the Jung Ma server.
Dec 20th, 2011 03:35 AM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
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Dec 20th, 2011 07:14 PM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
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Dec 28th, 2011 02:21 PM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
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Dec 28th, 2011 03:21 PM
Lord Lucien
Oh hai, Mark.
Registered: Jul 2005
Location:
Neeerrrrrrrddds.
Hella good makeup though.
__________________
I did not hit her, it's not true. It's bullshit. I did not hit her. I did naawwt.
Dec 28th, 2011 06:23 PM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
Lol, 'hella'.
But yeah, swanky stuff. I'd love a sith outfit.
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Dec 28th, 2011 06:36 PM
Tzeentch._
Heart of the Swarm
Registered: Dec 2009
Location: Char
I wouldn't be caught dead in some geeky shit like that.
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So rich and white it's like I'm runnin gainst a cheeeeesecaaaaake
Dec 28th, 2011 06:38 PM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
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Dec 29th, 2011 08:14 PM
Dr McBeefington
Restricted
Registered: Jul 2006
Location: Account Restricted
killer 404 error.
__________________
Greed is Good.
Dec 29th, 2011 08:16 PM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
Try this.
It should be the first result. (Not intended as condescending)
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Dec 29th, 2011 08:24 PM
Lord Lucien
Oh hai, Mark.
Registered: Jul 2005
Location:
Server not found. Their site's down.
__________________
I did not hit her, it's not true. It's bullshit. I did not hit her. I did naawwt.
Dec 29th, 2011 08:52 PM
Zampanó
The Blind Critic
Registered: Jun 2007
Location: Haven
quote: (post ) Originally posted by Dr McBeefington
If the demand is there and scarcity becomes an issue, that means supply goes down, which raises the price of the product.
|:
Raising the price raises the amount supplied.
Supply has stayed constant in the face of increasing demand. This caused a shortage, which results in raised prices as buyers compete with one another to make the best offer (pay the most). Supply isn't the issue here at all.
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Last edited by Zampanó on Dec 29th, 2011 at 09:05 PM
Dec 29th, 2011 09:02 PM
Dr McBeefington
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Registered: Jul 2006
Location: Account Restricted
quote: (post ) Originally posted by Zampanó
Raising the price raises the amount supplied.
Notsreifsrs
Unless you're saying that raising the price means nobody is buying and therefore, the supply doesn't dwindle. Otherwise, huh?
quote: Supply has stayed constant in the face of increasing demand. This caused a shortage, which results in raised prices as buyers compete with one another to make the best offer (pay the most). Supply isn't the issue here at all. [/B]
This is a stark contrast from your first statement. Honestly, I have no idea wtf you're talking about.
__________________
Greed is Good.
Dec 29th, 2011 10:10 PM
Eminence
Boss
Registered: Jul 2005
Location:
quote: Z
Raising the price raises the amount supplied.
what?
Dec 29th, 2011 10:12 PM
Nephthys
Thief of Light
Registered: Dec 2007
Location: Hero =/= Good Person
Zam made a dum.
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Dec 29th, 2011 10:28 PM
Eminence
Boss
Registered: Jul 2005
Location:
quote: DS
This is a stark contrast from your first statement. Honestly, I have no idea wtf you're talking about.
You: (-) supply, (=) demand, (+) price
Him: (=) supply, (+) demand, (+) price
I think Zamp is saying that a sufficient amount of CE on the market has shifted from retail to second hand ownership (rather than simply being committed to use) that the supply itself hasn't really gone anywhere. In anticipation of the impending release, demand increases. Looks like there are strange estimations being made about the number of secondhand CEs being put up for sale compared to the preordered retail stock, but maybe he knows something about this situation that I don't.
And for the record, the CE is in stock all over the fu cking place. Sears, Amazon, Best Buy, Toys R Us, Kmart, Gamestop, you name it. I guess the people currently shelling out double were not aware of this, or perhaps there's something special about the preordered package.
Last edited by Eminence on Dec 29th, 2011 at 11:03 PM
Dec 29th, 2011 10:49 PM
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