By Tim Worstall, Contributor Supply and demand really does have its own rhythm. If the supply of something is inadequate to fill the demand for it then the price of that item will go up. Yes, even if the item was free originally, a supply shortage will indeed lead to a rise in the price. As with this rather ingenious money making scheme at the Stores in China. There’s many more people who want an appointment at the Genius Bar than there are time slots for someone to have an appointment. So, enter the ticket scalpers: Chinese scalpers have found a new way to make a few extra yuan: book up all the Genius Bar slots in the nation’s Apple Stores then sell them on at a profit. …read more

Source: FULL ARTICLE at Forbes Latest