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SportTrac Discussion
Fluids: Oil, ATF, Coolant, etc.
gas prices
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<blockquote data-quote="Thomas Rogers" data-source="post: 543072" data-attributes="member: 60724"><p>Buck, what I think you are describing is "calculating what the market will bear", which is less an issue of supply and often more an issue of perception, percieved value and emotion. I have always considered aspects of "the market setting its own price" and "supply and demand" to be related, but subtly different.</p><p></p><p></p><p></p><p>Bottled Water, for example, is more of a "what the market will bear" price setting, and its price is set more by emotion and other factors like marketing and the consumer's need to pamper and feel good about themselves than by true supply. The SUPPLY of fresh water in this country is GREAT. The demand is pretty constant per person and has been since the dawn of time since there is only so much water a body can or should consume a day. Yet, we have a bottled water aisle in every supermarket and conv store, and we pay more a gallon for bottled water than gas.</p><p></p><p></p><p></p><p>Go figure!</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 543072, member: 60724"] Buck, what I think you are describing is "calculating what the market will bear", which is less an issue of supply and often more an issue of perception, percieved value and emotion. I have always considered aspects of "the market setting its own price" and "supply and demand" to be related, but subtly different. Bottled Water, for example, is more of a "what the market will bear" price setting, and its price is set more by emotion and other factors like marketing and the consumer's need to pamper and feel good about themselves than by true supply. The SUPPLY of fresh water in this country is GREAT. The demand is pretty constant per person and has been since the dawn of time since there is only so much water a body can or should consume a day. Yet, we have a bottled water aisle in every supermarket and conv store, and we pay more a gallon for bottled water than gas. Go figure! TJR [/QUOTE]
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SportTrac Discussion
Fluids: Oil, ATF, Coolant, etc.
gas prices
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