tag:blogger.com,1999:blog-3669994303004884356.post835609459282329482..comments2018-05-19T12:51:59.436-05:00Comments on Parish Econ B3: Are You A God?Eric Mhttp://www.blogger.com/profile/01135076088343477676noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3669994303004884356.post-88773904424726219572011-10-28T10:32:17.346-05:002011-10-28T10:32:17.346-05:00You guys are right, it's pretty rediculous tha...You guys are right, it's pretty rediculous that someone would even think about owning a car a price even remotely similar to this. The ones who are fortunate enough to own such a beauty have either come from great wealth or have worked their butts off to make it this far. Perhaps lowering the price by a few thousand would be great, but at the same time, those decimals are part of what make the Bugatti, and other luxury goods for that matter, so delectable.Molly Aaronhttps://www.blogger.com/profile/15438161956331239123noreply@blogger.comtag:blogger.com,1999:blog-3669994303004884356.post-33614182887816284752011-10-27T14:59:20.782-05:002011-10-27T14:59:20.782-05:00I agree with Larson. The fact that people will spe...I agree with Larson. The fact that people will spend hundreds of thousands, let alone 2 million dollars for a car with a luxury designation, is ridiculous but is an incentive for buying the good in the first place. Bugatti specifically is making a smarter decision to limit their supply, because their damand is far under equilibrium due to the price. Also,although selling one model at a time means that that one model will be very expensive, it is one of the factors that perpetuates the item being considered "luxury". I believe that Bugatti should lower the price enough to make it more affordable for the general public, but not so much that it will no longer be considered a luxury type good.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3669994303004884356.post-16834777667078742472011-10-27T14:53:19.184-05:002011-10-27T14:53:19.184-05:00This comment has been removed by the author.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3669994303004884356.post-77638867930471096292011-10-13T10:48:24.231-05:002011-10-13T10:48:24.231-05:00The fact that society is willing to pay $100 dolla...The fact that society is willing to pay $100 dollars more for a good just because it's designer totally goes against the basics of economics. I think your example of cars is one of the most apparent examples of how people spend more money based on the name behind the good.Larson McQuaryhttps://www.blogger.com/profile/04049213369430533735noreply@blogger.com