That’s funny, whenever people do that, I just assume they wouldn’t sell without making a profit. And unless it’s immediately valuable to me, I don’t buy.
Exactly. And if for some reason they truly were selling it for less than it was worth (doubt), there’s only two assumptions I’d have:
There is something wrong with it, which is why it’s being discounted.
The product is unappealing, they produced way more than there was demand for, and it should probably be worth even less.
I don’t like approaching economics with the idea of “everything is a scam”, but capitalism makes it so that people charge whatever they think they can get away with. Everyone selling you something is trying to maximize the amount of value they can extract from you, and so there is always some angle being worked. Hence why one must always question what it is they aren’t saying.
That’s funny, whenever people do that, I just assume they wouldn’t sell without making a profit. And unless it’s immediately valuable to me, I don’t buy.
Exactly. And if for some reason they truly were selling it for less than it was worth (doubt), there’s only two assumptions I’d have:
There is something wrong with it, which is why it’s being discounted.
The product is unappealing, they produced way more than there was demand for, and it should probably be worth even less.
I don’t like approaching economics with the idea of “everything is a scam”, but capitalism makes it so that people charge whatever they think they can get away with. Everyone selling you something is trying to maximize the amount of value they can extract from you, and so there is always some angle being worked. Hence why one must always question what it is they aren’t saying.