Supply and Demand (Was RE: Getting long; Was Re: eBay being sued. ..)

From: Feldman, Robert <Robert_Feldman_at_jdedwards.com>
Date: Thu Apr 24 11:38:23 2003

While it is true that the ultimate numbers of an item are fixed, in this
situation, it can be argued that the supply is not constant, since many the
closeted items would likely have gone out in the Spring Cleaning trash. As
long as there are only 3 of X for sale, then the demand will be high. The
higher demand saves and brings out more items, the supply goes up, and the
price (eventually, depending in part on the rate at which new supply
appears) will go down.

-----Original Message-----
From: steve [mailto:gkicomputers_at_yahoo.com]
Sent: Thursday, April 24, 2003 11:13 AM
To: cctalk_at_classiccmp.org
Subject: Re: Getting long; Was Re: eBay being sued over patent
infringement
<snip>
People are digging
stuff out of their closets that would of never been
available for sale before, or available to only a very
limited number of people.

Many collectible items that were considered very rare
before ebay, are now just considered common place, and
prices have dropped greatly even though the actual
supply has been constant.
<snip>
Received on Thu Apr 24 2003 - 11:38:23 BST