Quote:
Originally Posted by leebase
It's refreshing to you continue to stand up for sound economics. Too few on these forums have any understanding of how things really work.
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Thanks! As a freelancer, I've had plenty of exposure to pricing factors that the customer never considers. If my rates were restricted to what some guy on the Internet thinks my costs "ought" to be, I'd be out of business in 3 weeks flat.
What puzzles me at this time is that people (including myself, at times) react in a thoroughly irrational way to prices and price changes. Sometimes they will just accept a $30 surcharge tacked onto an airline ticket, other times they'll vow eternal vengeance over a $3 increase. Numerous external and irrelevant factors seem to determine what qualifies as a "fair price."
Neither traditional economics nor common sense have a place for these issues. Perhaps some of the behavioral economists have figured it out....