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cmstrattonfollowshare
9-10-2008 10:44 AM
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cmstratton says:
It always dumbfounds me how people can get so "up in arms" about issues like this.

A company delivers a product or service and charges for it. If supply is decreased, or demand is increased, or both, they can raise prices for the product or service. It's the first law of market dynamics.

In the case of texting, we consumers can't get enough of it (demand). Supply isn't really an issue in this case because texting uses so little network bandwidth they can offer unlimited texting plans.

It's simple then - the wireless operators have raised prices because we'll pay for it - we have to have our texting. If we want them to lower prices, we can all stop texting as much and instead use a different form of communication.

It's like gas prices - we reached a point where the price was too high so we started using less and voila, the prices came down. Granted there were other factors involved, but decreased demand was a huge reason for it.

Stop texting as much and prices WILL com
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