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Old September 14th, 2004, 03:21 PM
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Gandalf Parker Gandalf Parker is offline
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Default Re: US: Stop Congress from making iPod or VCRs ill

Quote:
magnate said:
about games companies.) They don't charge what they think is a fair price for a CD, they charge "what the market will bear",
Well "what the market will bear" is often referred to as commerce. Supply and Demand. Thats not quite the same as "obscene profits". The idea that a CD should cost little more than the cost of making a CD is done but its not seen much. Thats because the price of doing it that way doesnt let it be seen. The price charged for CD's now also cover marketing, research, the cost of the ones that do well have to cover the cost of the ones that flop, and the cost of running the company. Whats left over after that is profit.

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