Words
38
Reading
1 min
2y
Rarity is not demand.
This is the key sentence, even if something is rare, it has to serve a purpose to the ones trying to buy it, so the bidding to get it increases, as the base price.
Rarity is not demand.
This is the key sentence, even if something is rare, it has to serve a purpose to the ones trying to buy it, so the bidding to get it increases, as the base price.
RE: Is rarity a factor in determining the price of a commodity?