A PERSON SELLING AN ITEM CAN NOT SELL AN ITEM FOR 1 PENNY MORE THAN A BUYER WILL PAY. The seller can price his item at high as he wants, if he asks more than buyers are willing to pay, his item will never sell. At that point it isn’t part of the market at all..
This is what I’m also trying to say: the definition of what the market will bear. That (glock/ house / sea foam green cooler) is worth what someone will pay. Jack up the perceived value by any means and that becomes market will bear economics.