- 16,421
- 2,164
^Ohh I am pretty much done. i am studying for CPA Exam mostly
Thank you.
Anyway I think with a shoe made in such limited quantities you have to understand not everyone is a reseller. So take all those shoes off the market.
Supply is artificially reduced to the reseller pairs. Lets say a million people want a shoe that there is 500,000 of. 100,000 shoes are resold. 600,000 who didnt get their pairs are looking in the aftermarket. You only need 1 person for every 6 to want the shoe bad enough to pay that price.
Its not the majority of people who didnt get the shoe at fault. It is the few who are willing to pay that price.
Thats as clear as I can make it so I hope that makes sense
Thank you.
Anyway I think with a shoe made in such limited quantities you have to understand not everyone is a reseller. So take all those shoes off the market.
Supply is artificially reduced to the reseller pairs. Lets say a million people want a shoe that there is 500,000 of. 100,000 shoes are resold. 600,000 who didnt get their pairs are looking in the aftermarket. You only need 1 person for every 6 to want the shoe bad enough to pay that price.
Its not the majority of people who didnt get the shoe at fault. It is the few who are willing to pay that price.
Thats as clear as I can make it so I hope that makes sense
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