RPG said:
Here in the UK the games which sell great are from huge franchises and due to that the games can be sold cheaply as so many copies will be sold. Same was for Tokyo when I was there, dont talk out your ass and start comparing game prices to the Wii or any game console. Games consoles =/= games, you will never understand that in this case because your console bias will not allow it to. :( |
Low demand = lower prices. High demand = Higher prices. This has nothing to do with games, consoles or anything this is just a simple rule for every economy.
Let's take the only market that comes close to the theory of a perfect market: stock market. Why do you think are some shares rising and some falling? Because there is certain relation of supply and demand.
I have been 3 years on a economy school, 2 years in a bank as a trainee and now I am 2 years at university for economic science but hey, there is a random guy on the internet who knows better.
The price is the result of demand and supply. Of course you can change the price to affect demand and supply. According to your theory a price-cut would result in lower demand.
An increase in price for a good which is barely demanded would most likely kill the demand totally. So again, according to your theory Sony should raise the price of the PS3, because the demand is not that huge right now.
Imagine not having GamePass on your console...







