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Economics of Model Railroading Tutorial
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<P>I feel this will/is an interesting thread. However, one thing that is somewhat unique in this hobby as opposed to most other hobbies is the way new rolling stock and/or locomotives are introduced. I am referring to <STRONG>pre-orders.</STRONG></P> <P>For example I don't think golf clubs, model planes engines, etc are pre-ordered before manufacturing begins.</P> <P>The model train pre-order has to affect the MSRP of these products as there is less of a gamble in making the first run of these products.</P> <P>If the price affect is high or low I do not know.</P> <P>But it surly does affect supply and demand economics, does it not?</P>
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