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eonkid: 9 months ago

When goods become overstock, sellers will do what to the price of that good? Why?

I know they lower the price but why though

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Answer 1

rghurst: 9 months ago

the goods are just sitting around and costing money for storage costs and inventory taxes. It is better to get rid of them at a lower margin, or even no margin, than to keep incurring costs.

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