Has anybody else realized the huge spike in credit prices in the credit market place? I remember about a week ago you could buy 5 credits for 120,000 each and now you cant get even a single credit for less than 160,000 whats with the huge increase?

Market supply and demand.

http://en.wikipedia.org/wiki/Economics GO WILD!

Quite simply, they are now a commodity we all really need for our timers. So get a saving and get your timer... or buy them. Is very simple.

The huge increase is that there are mor uses for them, so demand for them has increased. Thus sellers can raise their prices as demand is nearly inelastic, so the increase of price will not neccesarily affect how many of their CDs are brought.

Finally got a chance to use my economic knowledge =].

I think you should read this, it should enlighten you a little about commodities, exchange value, use value etc.

http://www.marxists.org/archive/marx/works/1867-c1/ch01.htm

You have traded $130,000 game cash for 1.00 donation credits. Oct 27, '09 12:59

You just have to keep your eyes open.  I, myself, have no problem with finding credits for a decent price.

By far the simplest way to explain it is thus.

The Credit Market bases its price off of both greed, desire, and
current supply. Those who's desires are great will fuel the greed via
purchasing the supply. As supply dwindles and greed escalates, so does the cost.

Quirinus bows

All the firm needs to do is set MR = MC in order to maximize profits.

Wish someone would just kill you instead.

I think maximum profit would be in that.

~T~

lol not me matey

Yea I know all about the supply and demand stuff I'm real good with all that I was just making a statement tryin to get some conversation going lol

So if you know all about supply and demand, why do you end your short speech with a question like "what's with...?"

Also, if you want to get some conversation going, why not come out with
a topic worth debating? You just made a question with an easy answer
and there's really not much debate to be done here.

I guess I'm a simple person.  Just don't buy them.  Who needs credits anyway?

I just play without a timer. Really doesn't bother me. I'm usually a slow ranker anyway.  I guess I'm so stuck in the ole skool ways, back when it took months just to get Made.

If you want credits so badly you have to pay, if not, don't complain.