willemj
In fact, it is more than that: demand for them goes up, the higher the price, perhaps precisely because of the high price. They are what is called Veblen goods, with a positive price elasticity of demand.
>>>>Whoa! That’s funny! What came first, the chicken or the egg? 🐓 Of course the obvious problem with such a far-fetched conspiratorial theory of economics - that higher and higher prices increase demand further - is that very high priced cables actually do not (rpt not) sell that well compared to reasonably priced cables. Which makes sense given the percentage of extremely well-heeled audiophiles 👞 in the general population of audiophiles. It’s reasonably priced cables that sell the best - by far. Do the math.
Look, would you rather sell 10 cables at $5,000 a pair or 500 cables at only $500 a pair? Answer at 11. By the way, that same conspiratorial theory of economics that willemj supports is what forced so many high end companies to go out of business in the economic environment that we got after the system collapsed in 2008, produced by banks and a housing market in general that was convinced higher and higher prices meant economic success and security for everybody. Hel-loo!
Note to self: All this ruckus over high priced audiophile cables is starting to sound a lot like sour grapes. 🍇