How Much Does Text Messaging Cost Carriers...?

[Carnos Jax]

RAMd®d wrote: ...Knowing the cost of production can and sometimes *does* affect the buyer's perception of value and purchasing decision.

The seller then has to decide if that decision on the part of the buyer is significant enough to affect the asking price, or does it need to be adjusted.

Several factors can sway the balance of sellerss and purchasers' power.

Knowledge can be power in its own right.

All part of Econ 101.

So true. I've done a fair bit of reselling on 'fleabay' and Craigslist. I've learned that if a buyer 'knows' what a particular item cost you, they're far less willing to pay your 'marked up' asking price.