But what if the price is reduced but it's stilll the highest price?
Started by
NAM1921
· started 2023-04-16 23:57
· last activity 2023-04-18 22:58
· 2 replies
Wouldn't it be wrong on the basis that we don't know whether or not the price is the highest on the market?
-
NAM1921
· 2023-04-17 00:48
Wait, I think I understand. Since the reductions will be across the market, no matter who the buyer is, the highest price will be reduced, and therefore the principle about commanding the highest price will be violated. Right?
-
Emil-Kunkin
· 2023-04-18 22:58
Exactly! We need to sell for the highest price it could command, and intentionally lowering the market price doesn't change the fact that if not for the other condition it could have been sold for a higher price
Sign in to reply.