"Optimize your demand function, and you have the ideal price for your book." As ... | Hacker News

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		davemel37 on April 18, 2012 \| parent \| context \| favorite \| on: Pricing in reverse: use a product's price to figur... "Optimize your demand function, and you have the ideal price for your book." As Brilliant as that statement is, it reflects a limited mentality. This post is arguing, "Optimize your product and demand function to have the ideal price."

primatology on April 18, 2012 [–]

Exactly! That's a great way of summarizing the "backwards" mindset.

It occurs to me that an ebook has a completely elastic supply curve, so the optimization of the demand curve is the equilibrium price.

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