Chris's Wiki :: blog/tech/M2And25SSDEventualCost Commentshttps://utcc.utoronto.ca/~cks/space/blog/tech/M2And25SSDEventualCost?atomcommentsDWiki2021-11-30T22:23:36ZRecent comments in Chris's Wiki :: blog/tech/M2And25SSDEventualCost.By Andy Balholm on /blog/tech/M2And25SSDEventualCosttag:CSpace:blog/tech/M2And25SSDEventualCost:e1d8980ec7932407eba9d0b5d7d1a58aa8e0ec1eAndy Balholm<div class="wikitext"><p>It's not quite that simple, because not everyone is willing to pay the same price. So the supplier can usually decide to sell fewer units, at a higher price, instead of just giving up on selling it at all.</p>
</div>2021-11-30T22:23:36ZBy Orev on /blog/tech/M2And25SSDEventualCosttag:CSpace:blog/tech/M2And25SSDEventualCost:ad13ce59de821fc98769d4da392e7ef3e7396304Orev<div class="wikitext"><p>This post demonstrates a common misconception that it seems almost everyone (it’s not just you, but it seems to be very prevalent in tech) has about pricing:</p>
<p>The price of something is determined by one thing, and one thing alone: how much someone else is willing to pay for it.</p>
<p>Please notice that the cost of materials is not included anywhere in that statement. The cost of materials, labor, etc. is only relevant to the company producing the item, and it only determines whether or not they will sell it at all (binary sell/not sell decision). If the price someone is willing to pay is less than the cost of materials, the company simply won’t sell it.</p>
</div>2021-11-30T16:16:46Z