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In Reply to: RE: Economics lesson ? posted by tlea on July 01, 2017 at 17:46:22
> But maybe someone can help me understand the logic: $1299 factory direct with 30 day return guarantee and
> 2 year mfg warranty vs. $1395 as a second buyer with no warranty. Why?
The answer is simple. The original buyer would like to make a profit on his purchase.
Perhaps you should take a course in economics because that is straight forward simple economics.
Of course, it's always possible that there will never be a second buyer because most of us would prefer to buy factory direct and pay less. That's also straight forward simple economics. ;-)
Good luck,
John Elison
Follow Ups:
Hey John, thanks for responding. One of us needs a course in economics, but I'm not sure it is me. I asked a dumb question; you gave a dumb answer. I'll take the blame.
Let me try to be more specific: Given that there is standard price for a desirable product readily available on the market, why would a seller choose to advertise their substandard product for a higher price?
Is the assumption is that buyers will not bother do do the research to find the lowest price? Do the sellers have insider knowledge that 1) the mfg does not have capacity to meet demand or 2) the mfg intends to increase the price?
I respect your experience and would like to know your thoughts.
. . . in theory, practice and theory are the same; in practice, they are different . . .
Okay! I was just being silly because I thought you were being silly.
There are people on eBay that try to sell things for more than they're worth all the time. The sad thing is that there are probably people who don't know the difference and buy them. In other words, some people are stupid and others are dishonest cheaters who take advantage of stupid people. It's been that way as long as I can remember and I suspect that's what's happening with the new Oppo UDP-205. I'm not aware of anything else going on.
I own the older BDP-105D and I bought it factory direct for $1299 plus shipping. It is the heart of my audio/video system . I will probably buy the new UDP-205 one of these days when I buy a 4k HDTV. Currently, I still have the older 1080p HDTV.
Good luck,
John Elison
Thanks for the insight and let me offer an apology: I get a bit defensive on this forum because I've found over the years that subtlety frequently goes up in flames here. Unfortunately.
. . . in theory, practice and theory are the same; in practice, they are different . . .
Seems folks are always missing the joke asect, and then commentingas if the words were serious.
Why does English not have a joke/sarcasm punctuation mark?
Do ANY written languages have one? Just curious?
And you got an appropriate answer.
Tilting at Ebay and the like is more than pointless.
Humans are Not overly impressive. Small news there
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