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| Author | Ring of Cold (RoC?) Released! |
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| Always was, I sold mine for 220k | Not when some genius is buying all the rings and manipulating the market,raising the price intentionally
How it does contradict the offer and demand principle? If anything it only exemplifies it on it's on full colours.
If people need this item (demand), and someone cut the 'deliver' of the product, purposely aiming to build a personal stock pile, in order to resell later at higher prices, it only shows that using the offer and demand principle, can lead to a personal monopoly and market control over prices... People in need will have to pay whatever it's necessary to have what they want to have. When the offer is shortened the price will raise, if however the offer was too abundant without any control, then the prices would drop, because each seller would be fighting fierly each other for a sell. (assuming there is more offer than demand.)
Nope, there isn't any contradiction in here, quite the contrary. | Nope, there isn't any contradiction in here, quite the contrary.
To put it in a different way:
The genius (who is making tens of thousands of gold, if not hundreds) is driving up prices by buying all the cheap ones, and then selling later on when supply has decreased and the demand from other buyers is still there.
It's similar (vaguely) to a monopoly. | for Meshy:
It only happens because the buyers are willing to buy the item for more than it's worth on the market. If no one was buying, he'd be decreasing the prices to sell that as he has no use in having dozens of rings. |
This topic is long since last update and considered obsolete for further discussions.
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