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How free is the market really? (White Giant)

Simcountry: Simcountry Bulletin Board  How free is the market really? (White Giant)

Keith Allaire (Little Upsilon)

Wednesday, November 12, 2008 - 09:14 pm Click here to edit this post
The market fluctuates around a fixed range of the "base price." The products you refer to are usually in a chronic state of mild shortage. Without any downward pressure on prices, the prices will fluctuate around the ceiling of about twice the "base price" for the product.

Otherwise, products in such shortage would reach destabilizing levels. Could you imagine if corps had to pay 3 million for a unit of electricity? It happened in real life...google enron california.

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