WTB Staff of Elemental Mastery Earth MQ

[Eccezan]

Time to learn you spitty:
Taken from http://en.wikipedia.org/wiki/Supply_and_demand

The four basic laws of supply and demand are:[1]

If demand increases and supply remains unchanged, a shortage altogether, thus leads to a higher equilibrium price.
If demand decreases and supply remains unchanged, a surplus altogether, thus leads to a lower equilibrium price.
If demand remains unchanged and supply increases, a surplus altogether, thus leads to a lower equilibrium price.
If demand remains unchanged and supply decreases, a shortage altogether, thus leads to a higher equilibrium price.

[Spitty]

Guy above me is, like, umad mad.

Also bump for legit cause.

[Nastinate]

U mad i mad u mad?

[Nastinate]

bump

[Nastinate]

^

[Nastinate]

^ This is not Spitty's thread. I said i would not pay 200k, this does not mean i do not have 200k.

[Splorf22]

Markets don't function efficiently in the presence of a monopoly Eccezan. You can charge whatever you want for your stuff, just don't call it the market price.

[quido]

It's not really a monopoly though in the traditional sense. If other people were getting these staffs it would mean less for sale and probably a higher price. There is only a limited amount of earth staffs. I personally think this should sell for 300k given the rarity and the quality of the epic.

[Splorf22]

Correct me if I'm wrong, but TMO is the only one selling them, yes? That seems like a textbook monopoly to me.

But hey i just like trolling Spitulski's thread.

[quido]

I guess it is a monopoly technically, but the normal solution for a monopoly in this situation would only further the problem.