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From an economics standpoint, shouldn't they be selling everything they can at the maximum it will sell for? If people stop buying cables because they are too
by icey 17y ago
From an economics standpoint, shouldn't they be selling everything they can at the maximum it will sell for?
If people stop buying cables because they are too expensive, then I would assume prices would drop.
- tptacek 17y agoPrices already have dropped. The retail stores simply won't stock the low-priced products.
- icey 17y agoIf I were running a retail store, I wouldn't stock the low-priced ones either. I would imagine they've got a lower profit margin, and HDMI cables don't go bad frequently enough to count on someone purchasing cables on a regular basis. Might as well charge as much as they'll spend on the rare occasion that the cables get sold. There is a finite amount of space in a retail location, so there has to be an expected return on value for every inch of real estate.