Comment Re:Sony is a Profit-Oriented Corporation (Score 1) 507
Yeah. I'm aware of that. I think my point is more that in the case of infinite supply there's no reason demand should increase the price, profits would naturally increase from the higher demand anyway (and by increasing the price for no reason they should in theory decrease the demand). It just does because we're accustomed to thinking of it working that way with things that have limited supply and companies are more than willing to take advantage of that in order to make a profit.
This is basically one of those circumstances where capitalism doesn't work properly ,and encourages unethical behavior, because people aren't rational agents, if they were they'd simple wait for the price to go back down before they bought it.
I don't think plane ticket ordering is the best analogy, its a reasonable assumption that a surge in demand would cause a limit of supply in such cases (there's a finite number of seats), so the price increase is still sort of tied to a finite supply.
This is basically one of those circumstances where capitalism doesn't work properly
I don't think plane ticket ordering is the best analogy, its a reasonable assumption that a surge in demand would cause a limit of supply in such cases (there's a finite number of seats), so the price increase is still sort of tied to a finite supply.