4 ms·
The buyer is willing to wait. The buyer is waiting because he likes the pen and don't mind the wait. btw, why is this dangerous?
by snambi 6y ago
The buyer is willing to wait. The buyer is waiting because he likes the pen and don't mind the wait.
btw, why is this dangerous?
- KorematsuFred 6y agoBuyers do not have a choice. It is either wait or don't buy. However if you create an auction system, you would know how much these people are willing to wait. > why is this dangerous? Economic inefficiencies lead to wastage. In this case people might put themselves on waiting list only to buy them for $150 and then sell it to someone for $500. The democratic virtue here is thrown out of the window and you have needlessly now employed a middleman who adds no real value to the process but as a remedy to the virtue signaling of the manufacturer. Reminds of all bad things that happened when US government tried to subsidize baby formula.