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Old 04-20-2012, 10:41 AM   #583
plib
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Quote:
Originally Posted by tompe View Post
Well, yes, adsI tried to argue, a fair price is just a personal taste or opinion. The strange thing is that people seems to think there is a correct fair price and tries to argue that price here.
In financial terms the generally accepted definition of a fair price is "what a willing buyer is prepared to pay a willing seller, while operating at arm's length".

In terms of setting prices on non-essential items paid for out of disposable income I think that equation is pretty heavily weighted on the side of the buyer.
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