QUOTE(Cap'n Krusty @ Jul 26 2007, 09:59 AM)
I get SOOOOOOO tired of saying this: The value of ANY given item is found at the intersect point of what any given buyer is willing to pay and what any given seller is willing to take. Draw a straight vertical line on a piece of paper. Label it "what the seller wants". Draw a straight horizontal line on the same sheet of paper. Label it: What the buyer wants to pay". See where they cross? THAT'S the value.
The Cap'n
easy Cap'n, i don't think we need a lesson in economics here. i often would like a ballpark price for things i'd like to get rid of. it's just that you'd like to have an idea what to ask for something that doesn't insult either party. set your asking price too high and you never get rid of it; too low, and you short change yourself. i hear him asking if anyone knows fair market value for his item. (sorry about the economics lingo)