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<p>[QUOTE=&quot;satootoko, post: 47151, member: 669&quot;]The law of supply and demand is not just a figment of economists&#039; imaginations, it is a real world economic force.</p><p><br /></p><p>Oversimplified:&nbsp; If two people want something, and there are three of them for sale, the two lowest priced examples will be sold.&nbsp; But, if three people want something and there are two of them for sale, both will be sold at the lowest price that one of them can&#039;t afford. </p><p><br /></p><p>That&#039;s why it&#039;s really the second highest bidder who sets an auction price.&nbsp; The item is sold for one bidding increment higher than the most that second bidder was willing to pay.[/QUOTE]</p><p><br /></p>

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