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An auction is not an arbitrary increase just because you can. It’s the exact opposite- a natural market where supply and demand reach the optimal price. Yeah i
by orev 5y ago
An auction is not an arbitrary increase just because you can. It’s the exact opposite- a natural market where supply and demand reach the optimal price.
Yeah it’s bad for regular customers, but if there’s no supply then what would they be able to get anyway?
- nine_k 5y agoRegular customers usually have long-term contracts and preferential treatment. Nobody in their right mind is going to show them the middle finger. But for them, availability will also be limited, and next-term prices will get higher. Also, increasing production of a highly-demanded item is not unheard of! But it will take months.