Quote:
Originally Posted by DGthe3
If you want to pay more just to be 'special' then you're paying too much.
That's a personal values judgment, not an economic value judgment.
People were paying an extra $10k for a new Camaro little more than a year ago. Does that mean the Camaro was underpriced too? Of course not. It means there were people foolish enough to pay way more than it was worth.
It absolutely meant Camaros were underpriced for a short period of time, Camaros were underpriced until supply met demand. Now arguably Camaros are the most correctly priced car in GM's stable.
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Hehe, sorry- I'll cut out now. I'm just having fun channeling my economics Professor (I'm sort of surprised I'm the only one who remembers econ 101 though). I'll cut out now
