Will_B
Senior HTF Member
- Joined
- Mar 6, 2001
- Messages
- 4,730
Keith don't worry, I was just interested in the discussion.
The difficult in applying a price to merchandise today is that a "reasonable" price is hard to decide upon, when some people make billions and others make very little. Legitimate product is more attractive when it is priced affordably, but how does a company decide what is affordable in that context?
"let the market decide" is pretty much the only way to figure out what the market will bear... except, when they discover that the market doesn't quite bear it, and in fact many people seek the product other ways, they don't put 2+2 together and lower the prices. Indeed, sometimes they raise the prices.
Though I hear that CDs may drop back to ten bucks this year, which will be nice.
The difficult in applying a price to merchandise today is that a "reasonable" price is hard to decide upon, when some people make billions and others make very little. Legitimate product is more attractive when it is priced affordably, but how does a company decide what is affordable in that context?
"let the market decide" is pretty much the only way to figure out what the market will bear... except, when they discover that the market doesn't quite bear it, and in fact many people seek the product other ways, they don't put 2+2 together and lower the prices. Indeed, sometimes they raise the prices.
Though I hear that CDs may drop back to ten bucks this year, which will be nice.