Need business and finance help with early adopters who pay a hefty price to be one of the first to own a tool

Business & Finance
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Sometimes early adopters pay a hefty price to be one of the first to own a tool or technology. 

Can you think of an example where the price of a good or service, when introduced, was very 
high, but still many consumers still wanted to be one of the first to buy it?
Nov 11th, 2015

Thank you for the opportunity to help you with your question!

We can think of an example of purchasing the Mercedes Car when on introduction the price of the Mercedes are very high.In spite of that high price many consumer still wanted to but the Mercedes.Here the willingness of buying Merecedes is taken into account rather than the price of the car.So all that matters here is the willingness of the consumer to buy the product.

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Nov 11th, 2015

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