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KylieDog said:
Spazzy_D said:
KylieDog said:
Snesboy said:
happydolphin said:
RolStoppable said:

Who is getting robbed?

Consumers are getting robbed. They think they are getting value for the price, but they are getting ripped off without even knowing it.

No, they are not getting robbed. If they believe the product is worth 50 USD then they will pay it. If they don't, they will purchase some shit game for 10 dollars.


That isn't how it works.  You've never bought something you knew was robbing you in price but you wanted/needed it regardless?  Things sell past their 'worth' all the time, just look at ebay for millions of examples.


That IS how it works in a free market.  The market dictates the price, if people stop buying them, becuase they don't see the value relative to other games in this example, then the price goes down.


Why are you talking about markets, that wasn't being discussed.


Becuase the value of an object, and the concept of being robbed, are based on the items price, which is based on the market.  A steak won't cost me 50 cents just becuase that's what I feel is fair price.  A company will charge whatever people are willing to pay.