conch
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Posts: 384
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RE:??A> Imp Card
Adrillf Wrote:*goes into economics proffessor mode*
If you don't want to be bored and are looking for the actual auction in this thread, skip over this. It's time to talk about supply and demand.
As we all know when supply and demand produce some great curves and are used all over the place in economics. Now for how they fit into this whole imp vs. observation card deal.
First the supply. The supply of the cards is what Ayantis has talked about. The supply of imps is higher than the supply of observations due to the fact the observations most likely only come from OCA's. There's almost no one out there that goes on regular Thanatos runs just to kill observations, and so, the only way their card gets out onto the market is through OCA's. If this was the only thing we were looking at, we'd assume that imps would be worth less than observations due to the supply. Think about it, if there are 10 imps on the market they should cost less than the 1 observation that is floating, but this is assuming that the demand for both cards is the same.
That brings me to demand. Imps have a higher demand than observations. Imps are such that at least every professor wants two of them. You're just not a good prof if you don't have double siromas and double imps on hand. Then you can add in some wizards who think that it's cute and fun to have imps to try to bolt with, and even with them, if they seriously want to do anything with it they're going to try to get two. That makes the demand pretty high for the imps, which makes the price go up, even if there is a high supply. The observations however don't have a constant market. There isn't a single class that is sub par without an observation card, and even those few people that would like an observation card, only need one of them, not the two required of the imps. The demand for observation cards, as great as it is, is nothing compared to the demand of imp cards.
So in review: yes, imps have a higher supply-which should lower their cost, but they also have a high demand- which balances out that supply and sets the price at what it is. If the supply was to increase the price would decrease, or if the demand was to decrease, the price would drop with it. Observations on the other hand have a low demand- which should make them a lower costing item, but with such a low supply the price jumps up because if one ever does come up on the market the few people that want one will try their best to get it.
So Ayantis- if you're only looking at supply, yes imps should cost less because there is more of them floating around, however you forgot to think about the demand of the two different cards in evaluating the prices of them.
And now back to the auction. Sorry for any derailing.
an expanded version of my post. good job
¥ ¥
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07-19-2009, 09:44 AM |
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