Sentences with phrase «cultural equilibrium price»

You'll notice I said cultural equilibrium price — not market equilibrium price.

Therefore the cultural equilibrium price (the perception of «real» value) drives the market price, making room for it when normal supply and demand might not come to the same end.

I don't want a universe where the cultural equilibrium price of a book is the same as the HD version of a single TV episode or of two Mp3s.