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Old 01-21-2008, 02:17 PM   #1592
Andrew Jenkins
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Join Date: Dec 2007

Location: London
Posts: 18
Originally posted by johnblommers:
You've described the Economics 101 (that is where I learned about it) ideal supply-demand model perfectly. So if revenues remain constant when the price is dropped then I'd recommend increasing the price to $25 since you will make more money.

Let me preface my next comment by noting that your behavior in the marketplace demonstrates one of the highest ethics I have seen. We need more such business people in the country.

But I did not feel cheated when Apple dropped the iphone price from $600 to $400, I did not feel cheated because I got no upgrade credit for Leopard, and I would not feel cheated if you charge $25 for MA3, because IMHO it is a new product, not an upgrade. Adding fish to a tank, that is an upgrade.  
Agreed $25.00... Still a snip.
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