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re: Is $1,000 for a phone that ridiculous?
Posted on 2/14/18 at 9:59 am to NewBootGoofin
Posted on 2/14/18 at 9:59 am to NewBootGoofin
quote:I'm not sure how you're missing the fact that "ridiculous" is a subjective term and that reasons, no matter how true or valid, don't matter.
I'm not sure how you're missing what I'm saying.
quote:No, whether or not something is ridiculous literally depends on what the subject thinks.
Whether or not the price of something is ridiculous or not literally depends on the reasons for its price.
quote:You can't just gloss over the fact that the reasons for the high price may themselves be ridiculous. Take, for example, the gold Apple Watch. The price is justified, it's made of gold. But it's still ridiculous.
So yes, if the price of something is justified for reasons, then it would likely not be considered ridiculous.
quote:And most of us said no, yet you keep trying to argue.
I started a thread to see if people thought that there were enough reasons for a phone to be worth $1,000.
1
Posted on 2/14/18 at 10:04 am to Korkstand
quote:
And most of us said no, yet you keep trying to argue.
His problem is he's looking solely at the demand side of the price equation. Sure I can see how you'd say people use their phones enough to justify spending more than $1000 on it. But that's not the only factor in price. If it were, the keyboard I'm typing this post on that is essential to my productivity would cost a lot more than $10-$20. But there is a supply component to the price equation, and because lots of companies compete to make cheap keyboards, I don't have to pay a lot for something that provides immense value to me.
This post was edited on 2/14/18 at 11:00 am
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