2009-01-04, 07:23 PM
OmfgItzKhoi Wrote:ahhh touche'...
but then, it also depends on proper advertisement, cost of possible replacement (i forgot the economic term for this, i think it's substitutes), and of course the worth of the item.
For simplicity sake, lets just say... the item, as you say is a cape, but it's a cape that is...
Godly Cape
Stats: 10 str/dex/int/luk 7 WA, 10 MA, +200 MP, 10 slots.
then lets add this detail of it being a lvl 150 cape. Now, lets look at the full picture; if you were lvl 190 Hero (because it's the sexiest thing ever), and all you had was a PAC that was somehow 6 WA, 17 str (shrugs, figure out a scrolling combination, this is off the top of my head! it's 2 am!). Wouldn't you want that "God Cape"?
now, i will admit that demand will decrease if the public doesn't HAVE the funds, so if i priced that cape at some ABSURDLY high number, lets say 500 billion mesos, that's just borderline impossible (ignoring meso limit here).
and because i made the cape so utterly uber, it's prolly impossible to find a proper replacement, so that's out the window. And proper advertising isn't a no brainer i suppose.
but if they HAVE the fund, SOMEBODY will make a transaction. It's just the way the economy works, especially on a gaming economy were we have no real "needs" and only "wants". nothing restricts us from blowing 100% of our mesos.
Oh, and on a final note, I'm not trying to make enemies; just the idea that if everyone in maple just WANTS to buy HT necklaces for 50 mil, that it'll happen... aint gunna happen. buyers dont determine the price, not like that anyways. We dont determine our demand, it depends on our need of whatever is being sold. You can't go into wal-mart and say "The general demand for dr pepper is at an all time low so i wont pay you $1.89 for a 2 liter but merely $0.89, ty!"
A) I really really am digging the idea of "video game economics"
B) God cape is not on a regular demand curve- It is on the "One of a Kind" demand curve where the price is set by the supplier and the consumer buys it once it is affordable- i.e. you can't set the price as 500 zillion mesos and have it sell if no one obtains 500 zillion mesos- but the richest Mapler in the world may spend 100% of his funds, 499 zillion mesos, to obtain it for his char.
...
We see cases like this in the real world with ... maybe a Rembrandt- There is only one. Done.

