3 ms·
The existence of a resale market likely increases the initial purchases of the item. How? Hypothetically, say the utility you'd get out a specific album is $8.
by derobert 16y ago
The existence of a resale market likely increases the initial purchases of the item.
How? Hypothetically, say the utility you'd get out a specific album is $8. The price is $10, so, naturally you won't buy it. However, you normally tire of music in, say, a year. You realize you can sell it them for $4. So instead you go ahead and buy it ("it really only costs me $6, 'cause I can sell it when I'm done with it").
- patrickyeon 16y agoTrue, but if you want to take that look, buying used doesn't effectively keep your money out of Sony's hands either. You're just laundering it to keep your own conscience clean. Of course, not paying for it at all doesn't help anyone involved.