Algona
Well-Known Member
If you truly understood economics, you would understand that your price increases will LOWER your overall income.
If you truly followed realty you'd see that that just ain't true. I';ve played Magic OnLine for almost two decades. Every time WotC raised prices income went up. Other online games? Have you ever seen any OL game raise prices and lose money except after their player base had started eroding?
Remember, these are virtual goods that have NO actual variable cost.
If you had any practical business experience you'd realize there is. Every time someone uses a debit or credit card there is a transaction fee. Someone pays that fee, whether it's you, your vendor, your bank, or your vendor's bank. (That's not true. It's always you, you just don't inderstand it.)
Economic theory is all well and fine, but theoreticians should stay in the classroom and keep explaining ex post facto why something occurred, 'Cause God knows every time you theoreticians step into the real business world you get your butts handed to you with all the cash taken out of your wallet.
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