DerNebel said:
Dark_Feanor said:
DerNebel said:
Dark_Feanor said:
So, why prices at eBay and others secondhand markets are going down by the weekly basis?
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You really don't understand demand, do you?
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Do you??
http://en.wikipedia.org/wiki/Supply_and_demand
The four basic laws of supply and demand are:[1]:37
- If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price.
- If demand decreases and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price.
- If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price.
- If demand remains unchanged and supply decreases, a shortage occurs, leading to a higher equilibrium price
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Oh I do, don't worry. Tell me, have ebay prices reached retail prices yet?
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They haven't dipped below $450 since the PS4 launched (when I said "breaking even" in my prior post, I meant when you factor in paypal fees and shipping, not that they sold for $400 on ebay). But I guess his M.O. is that "they used to sell for $600 on eBay and now they're "only" selling for $520+. Demand has gone down!" even though it's still 30% higher than MSRP meaning demand is still really high.
