gentlemen:
it's all about economics, namely cost and value.
the value in use equals the value in exchange. i have indicated this well-known law several times. it applies to cable as well as any component.
if a buyer considers that the price of a component is less than or equal to the value for a product, it is purchased. an audiophile who receives pleasure from the purchase of expensive components is receiving value for the purchase. the value may be of a psychological nature.
value may inhere in the listening or the "pride" of ownership.
two audiophiles may differ as to the value of a component and one may be willing to pay the price , while the other considers the product over-priced.
thus, the price of a cable represent's an estimate of the value to a potential customer.
it is also based upon the possible deman for the product.
whenever considering questions of the price of components, think economics and perhaps psychology as well.
it's all about economics, namely cost and value.
the value in use equals the value in exchange. i have indicated this well-known law several times. it applies to cable as well as any component.
if a buyer considers that the price of a component is less than or equal to the value for a product, it is purchased. an audiophile who receives pleasure from the purchase of expensive components is receiving value for the purchase. the value may be of a psychological nature.
value may inhere in the listening or the "pride" of ownership.
two audiophiles may differ as to the value of a component and one may be willing to pay the price , while the other considers the product over-priced.
thus, the price of a cable represent's an estimate of the value to a potential customer.
it is also based upon the possible deman for the product.
whenever considering questions of the price of components, think economics and perhaps psychology as well.