Posted by jack cain on Saturday, April 09, 2005 at 6:26PM :
In Reply to: Re: Supply & Demand posted by OTM Mike Stone (Idaho, USA) on Thursday, April 07, 2005 at 10:13AM :
I remember a couple of decades ago when 57 Chevy's were going for $75,000. Within about 7 years you could have purchased that same car for half that. The price has again risen but it has taken 15 years to get there.
Power Wagon suppply might be best described as in-elastic but the demand for them is influenced by many outside factors. The market for Power Wagons will wax and wane. The best prediction that can be made is that in general an upward biasing trend will be observed over the long term.