SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Katelew who wrote (64227)5/7/2008 5:37:21 PM
From: TimF  Read Replies (1) of 541906
 
When you have a fixed quantity of something and more people who want it, the price will often go up all out of reason and/or relationship to the actual costs of production.

Price increases in response to higher demand without higher supply is a feature not a bug. The actual costs of production are almost irrelevant except as a long term price floor (and in the short term they don't even provide that as the relationship of supply and demand can be such that the market clearing price, is lower than the, already largely sunk, production costs).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News