[QUOTE=JimRob;5378305]
Your example of working 10 hours to make more money than working 15 hours is a place every seller wants to be. However, without a willing buyer, it doesn't put food on the table or more likely cover their bad habits.
Again, as long as some suckers are willing to pay the price, the "sellers" will keep their prices up.[/QUOTE]I think you're agreeing with me here. My example was pointing toward that a 'seller' will keep the higher price if they are making the money. No one can know how well a price will go until it's tested out.
If people ARE paying the prices, and they don't stop, and the provider is happy with the money they are making from it. Well it's not going to go back down. At that point, they aren't 'suckers', they are 'the clientele'. But on the flip side, if the clientele runs out for whatever the reason then prices will either go down to try and make up for it in volume, or up to try and make up for it in flow, and the cycle will happen once again.
The whole point of a 'market' is that the 'market' will either bear certain prices or it won't. If people are willing to pay -- either because they don't care, because they are ignorant of old prices, or because they legitly think it's a fair price, then it'll stay at that price. As your own free entity, you're free to pay it or not. You're also free to complain about it of course.
