I can't assign a quantitative value to a qualitative concept.
A things worth is one thing, the fairness of its price is another.
Why you shouldnt cheap out on Barrel.
- Thread starter Edwardteach72
- Start date
A things worth is one thing, the fairness of its price is another.
spat
.950 JDJ
A fair price is necessarily a quantitative concept.
Prices are numeric. Price is *always* quantitative, that's the point.
Value may not always be quantitative, but price always is.
Fairness is a qualitative concept. Price and fair are separate things.
spat
.950 JDJ
Not if you're talking about a fair price.
The price has a specific numeric value. Either it is fair or not.
A person that pays $900 for a substandard $500 product is either desperate or a fool. I don't see how anyone can claim taking advantage of the desperate and foolish is at all fair.
spat
.950 JDJ
If people are regularly paying $900 for it, then it's no longer a $500 prodict.
Is $3/gal a fair price for gasoline ?
I remember when it was $0.75.
Total Straw Man, we aren't talking about inflation goddamnit!
Fair market value can generally be determined by what a willing buyer and willing seller are willing to exchange for a particular product or service. That price may or may not be fair to the parties involved in the transaction. I think more often than not any particular price may not be considered fair to those not actually involved in the transaction... luxury goods is perfect example paying $400,000 for a Ferrari is likely considered fair to both buyer and dealer yet I'd feel fairly confident the vast majority of people would feel paying that much for four wheels and an engine and drive train is absurd. To each his own. Wreck it and FMV determined by insurance carrier is likely considered fair based on premiums risk assumed by insurance carrier for agreeing to indemnify buyer for risk of loss but most likely considered unfair by the guy who just spent $400,000 to drive it off the lot but only received $250,000 for it after he wrecked it showing off to his girlfriend lol...
spat
.950 JDJ
Actually, we are.
The price of anything firearms related has gone up drastically in the last year.
That's inflation.
How do you think they're getting $900 for them ? If they charged $900 a year ago they wouldn't have sold any.
Oops, my bad. You’re still crazy to spend $900 on a BCA. In fact, even crazier to spend that amount on it. Everything I said before still stands.