Emirates Has Invested $500M to Build a 'Fort Knox' of Wine

Re:Emirates Has Invested $500M to Build a 'Fort Knox' of Wine by Spooky23 on Thursday January 05, 2017 @08:40PM (#13333228)

I'd disagree... the price curve gets steeper because higher quality is scarce and valued much higher.

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Re:Emirates Has Invested $500M to Build a 'Fort Knox' of Wine by alphakappa on Thursday January 05, 2017 @11:48PM (#13334035)

There's nothing intrinsically scarce about higher quality when we are talking about a manufactured product.

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Re:Emirates Has Invested $500M to Build a 'Fort Knox' of Wine by Spooky23 on Friday January 06, 2017 @12:07AM (#13334116)

Sure there is.

Even small marginal price increases affect sales volume and costs, which has a huge impact on p&l.

Niche high quality brands need high style to justify the cost. Once in awhile you'll find super high quality product at a low price point, but that's almost always an aberration that will be "fixed" in time.

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Re:Emirates Has Invested $500M to Build a 'Fort Knox' of Wine by aninhumer on Friday January 06, 2017 @04:39AM (#13335012)

I think the point being made is that this isn't "scarcity", it's just where supply and demand intersect for high quality products.

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