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by fusiongyro 4872 days ago
> …Is the same thing as people trying to buy a Ferrari. Demand vastly exceeds supply

I think the normal idea under these circumstances is to increase the price until the demand meets the supply.

1 comments

So they increased it from $0 to $1500. Sounds reasonable.
So, comrade, it costs $0 to produce a Google Glass?
Are you implying that they should have priced it higher? I mean, if we're going to go by "what we paid to produce it" rather than "what people previously paid for it", it should probably start at $10k.
I'm not sure what conversation you're having with yourself. I'm just pointing out that the time-honored capitalist response to demand outstripping supply is raising prices rather than having contests.
Probably not but developing it wasn't free.
I'm starting to think what we really need around here is an English proficiency test.
My bad, only skimmed the comment.