General

How do prices differ?

Prices are different in different worlds, right? How do the prices be different? Does it have to do with population? World release date? I'm basically asking what makes a world have high or low prices.

February 9, 2013

18 Comments • Newest first

tyuli

[quote=x3Inferno]@tyuli: Basic economics says that with a greater population the supply is much larger than the demand. Only certain people want certain things and that group of people does grow with population but the scaling between population and supply and population with demand is scaled off different ratios. With a bigger population you have more people that want that item but you also have tons of more people who don't want that item making supply and demand different for larger populations. Also not only is there tons of more people who don't want/need your item there are tons of other people who have the same item as you. Pretty much what I'm saying is with higher population supply increases at a higher ratio then demand.[/quote]

That's completely wrong lmao. No.

Reply February 11, 2013
AceWilliams

@x3Inferno: I see where you're coming from but with out any quantitative data we cannot know for sure we can only make assumptions and speculations.
You are amusing that there would be more chances that there would be a greater increase in supply, and I am assuming that there would be a greater increase in demand.
Since population growth is a determinant of both supply and demand, the only way we can know anything for sure is with solid data.

Reply February 10, 2013 - edited
x3Inferno

@AceWilliams: I would prefer to sell my items to a smaller group of people because the supply would be lower and the demand would be higher. I've already explained this.

Reply February 10, 2013 - edited
AceWilliams

@x3Inferno:
First lets get something clear, demand is a persons ability and desire to purchase a product at a given price, as I am sure you know. You said that there are more people that supply than demand. I would say that this is the case for some items but not most of them. If there are more people there is usually more demand which is one of the reasons why population is a determinant of demand. We could also look at it this way, if you put an item up for auction would you prefer more people to be there or less people. With a high population you have more chances of finding more people with a the want and ability for that item at a higher price than you do in a smaller population.

Reply February 10, 2013 - edited
AceWilliams

@x3Inferno:
One of the determinants of demand is population growth.
More people means more buyers
You are right that there would be more sellers but in chances are there would be more buyers than sellers.
Basic economics.

Reply February 10, 2013 - edited
x3Inferno

@tyuli: Basic economics says that with a greater population the supply is much larger than the demand. Only certain people want certain things and that group of people does grow with population but the scaling between population and supply and population with demand is scaled off different ratios. With a bigger population you have more people that want that item but you also have tons of more people who don't want that item making supply and demand different for larger populations. Also not only is there tons of more people who don't want/need your item there are tons of other people who have the same item as you. Pretty much what I'm saying is with higher population supply increases at a higher ratio then demand.

Reply February 9, 2013 - edited
tyuli

[quote=x3Inferno]Wrong. High population means more supply and more supply means less demand and lower prices. Basic economy.[/quote]

High populations means both more supply and demand, kind of obvious.

Reply February 9, 2013 - edited
x3Inferno

[quote=AceWilliams]High population -> High demand -> High price[/quote]

Wrong. High population means more supply and more supply means less demand and lower prices. Basic economy.

Reply February 9, 2013 - edited
AceWilliams

High population -> High demand -> High price

Reply February 9, 2013 - edited
Suckitms

i heard scania and bera are very similar price each other

Reply February 9, 2013 - edited
x3Inferno

[quote=xkillo32]@peterkimmm
less ppl=less items=more demand llow supply=high prices[/quote]

^this. It's basic economy principles just in Maplestory. The less people their are in a server the less items are around. If these items that are scarce are in high demand the sellers can pretty much name their price.

Reply February 9, 2013 - edited
xkillo32

@peterkimmm
less ppl=less items=more demand llow supply=high prices

Reply February 9, 2013 - edited
x3Inferno

[quote=GreatRomantic]Yeah, generally the more populated the world is the more "Expensive" items will be sold for.

More players ---> More Total mesos farmed/earned from selling to NPCs ---->Because there is more $$$$ around ---->> the prices will increase

That's the whole point of the tax rates in Maplestory. If there weren't any....there would never be any loss in mesos [unless if people dropped their items to make them disappear].[/quote]

It's actually quite the contrary. More populated worlds have more meso in the economy decreasing the value of meso. IMO Smaller worlds have higher prices for many different reasons. The smaller the world is the less amount of rich people there are and in the extremely small worlds the richer people can monopolize the economy, before world transfers were gone and before the world merges Mardia's FM 1 was monopolized by a few names including me. Also the smaller the world the less amount of godlies, and items in general are around, and with supply and demand if these scarce items are low supply and are high in demand they will sky rocket up in price and bigger worlds have a much bigger supply simply because of a bigger population. To add onto this every now and then I post a P/C on Basil and people from Scania, Windia will tell me 4-6bil or something along that line, and I'll end up selling the item for $200 USD which is 10bil in NX or 16bil in USD. IE: http://www.basilmarket.com/forum/2582397

Edit: Also more meso (currency) in a economy doesn't raise prices it lowers price, just look at the US now.

Reply February 9, 2013 - edited
peterkimmm

[quote=doub1troub1]it depends on hackers, dupers, population, and the amount of the item in the maple item cycle, the top comment is wrong, usually the less ppl=less of an item, raising the price[/quote]

Nope, you're wrong.
Less people = less buyers AND less sellers = harder to sell items = lowered prices.

Reply February 9, 2013 - edited
GreatRomantic

[quote=doub1troub1]it depends on hackers, dupers, population, and the amount of the item in the maple item cycle, the top comment is wrong, usually the less ppl=less of an item, raising the price[/quote]

Not necessarily. Even with hackers and dupers, it doesn't matter how many copies you make. If people can't afford it, they can't sell the items for "high" prices. And if dupers continue to dupe, the economy will be be broken as hell and everyone will suffer [some may not], thus everything regarding the economy will become irrelevant.

Unless if some genius comes up with a hack that can dupe mesos, the economies should fare well without the dupers and hackers.

Reply February 9, 2013 - edited
Olympus

simple, hackers.

Reply February 9, 2013 - edited
GreatRomantic

Yeah, generally the more populated the world is the more "Expensive" items will be sold for.

More players ---> More Total mesos farmed/earned from selling to NPCs ---->Because there is more $$$$ around ---->> the prices will increase

That's the whole point of the tax rates in Maplestory. If there weren't any....there would never be any loss in mesos [unless if people dropped their items to make them disappear].

Reply February 9, 2013 - edited