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Old 08-07-09 | 06:21 PM
  #27  
andy e
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Joined: May 2008
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Originally Posted by longbeachgary
What? If someone is willing to pay the price, than it's not overpriced for that item for that buyer. If an item doesn't sell than it's not worth the price that is being asked. Underpriced stuff sells FAST....
If you guy a huffy for 800 bucks, it is overpriced, whether or not you are happy with the price you paid. I'm just saying that the value of something is not necessarily determined by what people are willing to pay.

This means that yes, underpriced stuff will sell fast. Because it has higher value than what it is offered at.
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