- Jun 19, 2004
- 4,782
- 83
- 42
- Disclosures
- Endorsing Artist, Schroeder Cabinets
Good post, Mark (edit: referring to #16)
Something—anything—is overpriced *if and only if* there is excess supply. If the seller is selling all he wants to wants to or is able to produce, then whatever he's charging is the right price. If he can't sell all his inventory at the price he's asking, he's overcharging. If he has a waiting list, as MTD, Fodera, etc do, he's undercharging... It's really that simple... Law of supply & demand and all that.
Something—anything—is overpriced *if and only if* there is excess supply. If the seller is selling all he wants to wants to or is able to produce, then whatever he's charging is the right price. If he can't sell all his inventory at the price he's asking, he's overcharging. If he has a waiting list, as MTD, Fodera, etc do, he's undercharging... It's really that simple... Law of supply & demand and all that.


