Supply and Demand (Was RE: Getting long; Was Re: eBay being sued. ..)

While it is true that the ultimate numbers of an item are fixed, in this situation, it can be argued that the supply is not constant, since many the closeted items would likely have gone out in the Spring Cleaning trash. As long as there are only 3 of X for sale, then the demand will be high. The higher demand saves and brings out more items, the supply goes up, and the price (eventually, depending in part on the rate at which new supply appears) will go down. -----Original Message----- From: steve [mailto:gkicomputers@yahoo.com] Sent: Thursday, April 24, 2003 11:13 AM To: cctalk(a)classiccmp.org Subject: Re: Getting long; Was Re: eBay being sued over patent infringement <snip> People are digging stuff out of their closets that would of never been available for sale before, or available to only a very limited number of people. Many collectible items that were considered very rare before ebay, are now just considered common place, and prices have dropped greatly even though the actual supply has been constant. <snip>