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Subject |
I dont think a few opinions on price from this forum is goin |
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Posted by |
ForceFedTT (SoCal) on December 16, 2012 at 2:07 AM |
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This message has been viewed 172 times. |
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In Reply To |
Thank god, Rob, that a search will never posted by TTZEDHEAD on December 15, 2012 at 08:04 PM |
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Message |
To magically drive down the price of a vehicle. If I recall correctly from high school econ 101, price is a function of supply and demand. When demand exceeds supply, consumers will be bidding against eachother for the those limited goods, which naturally drives price upward. Demand, itself, is a function of taste and preference, availability of adequate substitutes, consumer expectations/oultooks, etc. A change in price caused by a few opinions on this one forum assumes that the used Z market exists on this forum only and is influenced by consumer expectations alone. However, neither of these conditions exist because the Z market is bigger than this forum and demand is primarily influenced by taste and preference, which is very dynamic.
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