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Old 01-22-2011, 10:16 PM   #78
leebase
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Quote:
Originally Posted by jkeene View Post
for the above. Or as some of my more enlightened finance buddies say, a market is almost never completely rational. And you can make a fair amount of money off the irrational actors.
But can you sell something non-essential at a price higher than someone is willing to pay?

Must we denigrate math, reason as well as economics in order to avoid answering that simple question?

"This ebook is priced higher than I think it should be, what can I do except pay this unreasonable price".

Well, you could buy the hard back.

"But the hard back costs even more."

Wait a bit and buy a used copy of the hard back.

"But even that is more than I want to pay".

Don't buy the book at all, treat yourself to the movies instead.

"But I just simply HAVE to read this book".

Check it out at the library.

"My village doesn't have a library".

Wait for the paper back to come out.

"Even the paper back costs more than I think it should".

Read a different book while waiting for someone to sell the used copy of the paper back.

"You don't understand. I want to read the eBook, I want to read it NOW, not later".

Then buy it. Or don't buy it. It's your CHOICE.

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Wouldn't appear to me that one need even to go to college or take an economics course to understand this. The publisher has now power whatsoever to compel folks to pay more for an ebook than they are willing to pay.

Lee
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