WTB Staff of Elemental Mastery Earth MQ

[Nastinate]

WTB Earth Staff MQ

[Nastinate]

.

[SuperSane]

Eccezan's Wikipidia quote failed to include the preceding and explanatory paragraph.
I want to add some information to make the issue slightly clearer (good luck if you know nothing about economics).

http://en.wikipedia.org/wiki/Supply_...and#Criticisms

The rest of the quote.

"Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers (at current price) will equal the quantity supplied by producers (at current price), resulting in an economic equilibrium of price and quantity."


Competitive Markets:

http://en.wikipedia.org/wiki/Perfect_competition

In economic theory, perfect competition describes markets such that no participants are large enough to have the market power to set the price of a homogeneous product. Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets. Still, buyers and sellers in some auction-type markets, say for commodities or some financial assets, may approximate the concept.

[Nastinate]

^

[Nastinate]

i

[Nastinate]

.

[Nastinate]

.

[Nastinate]

.

[Nastinate]

bump

[Eccezan]

Originally Posted by Aeon [You must be logged in to view images. Log in or Register.]

Monopoly in fact, hidden behind wall of text with business/finance jibberish.

I disagree with this. Monopoly would mean that TMO is the only guild that kills or has ever killed Innoruuk. This is completely untrue. In fact as recently as last week, Inny was killed by Taken. Whether he dropped earth staff or not, I dont know.

This also doesn't mention all of the earth staffs that have ever dropped pre-kunark that are on inactive NON TMO characters. Given these variables, we can approximate the concept of a competitive market.