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Reader Comments (Page 1 of 1)
3-28-2011 @ 5:56PM
Dimensional said...
"The reality is that as the new stock forced people to undercut more heavily to sell their crystals, the best-in-slot enchants would become more and more obtainable to more players, who would snap up reasonably priced stock.
This buffering effect will prevent the price for crystals from plummeting too far."
So, the law of demand is now called "the buffering effect"? Ah, those confusing recent economics textbooks!
Reply
3-28-2011 @ 6:41PM
B1ue said...
@Dimensional
The "buffering effect" is a description of how demand works, not used as an actual term. Also, this isn't exactly a doctoral thesis, so less formal phrases are perfectly acceptable.
I hadn't realized the justice price point for crystals was that high. Although now that I think about it, with the ability to grind out all fourteen heroics in one day, pricing one item at 3/4's the cap isn't unreasonable.
3-28-2011 @ 6:42PM
Lissanna said...
If he says "law of demand", then he has to define what that means in the context of the post so that people who haven't recently taken an economics course can understand. On the other hand, saying "buffering effect" is something easier to understand if you have zero technical knowledge.