Why Are Some Things Incredibly Expensive and Others Almost Free?

Examples

1. A candy bar costs more than a bag of chips because people like it better.
2. There are only five limited edition toys, but fifty kids want one.
3. You can buy enough pencils for an entire classroom for less than a single smartphone.

More examples

See also

• What Makes a ‘Currency’ Hold Its Value Over Time?
• How Does Gold Stay Valuable Over Time?
• Why Are Some Things Always More Expensive?
• Why Do Prices Go Up When You're the Only One Buying?
• Why Do Prices Change So Much When You Buy Things?

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