Ail said:
It would be a good thing if the price was to adapt to the demand but it's fixed so Nintendo isn't maximising their profit.... I mean in a capitalistic economy price is supposed to set up at a level where supply = demand. That's how the stockmarket works at least... |
Take a good look at what you are arguing and good look at what I've been saying. I don't believe you have a clear picture of either yet.
As for price setting, don't be silly. The market almost never gets the price right at first. That's where the invisible hand comes in normally. This situation would require an increase in price (to lower demand) or an increase in supply. Nintendo will benefit more from selling more consoles than getting more money per console which removes the former leaving only the latter. As for whether or not the cost of ramping up production to meed the current level of demand is worthwhile compared to those sales lost in the long run due to lack of supply... that's Nintendo's decision.
