Forget 99 cent smartphone apps, let's be fair to developers too

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Price floors don't help anyone

First, setting a minimum price is a price floor. Basic microeconomics
teaches that this lowers demand and raises supply, generating an
inefficient surplus. I don't see how that's good.

Second, you seem to imply in this article that $0.99 apps are Apple's
fault. They are not. They are the market's "fault". And no one is getting
shafted (unless they are choosing to shaft themselves) because
developers choose their price. So no there's nothing unfair about it.

Posted by: jerkob1000   Posted on: 08/20/09 You are currently: a Guest | Members login | Terms of Use

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