I'm sure Bungie has all the facts and figures and demographic profile information and all that. They probably also know that lowering the price wouldn't make them more money or they would have done it.
My opinion is it comes from two things. One is there is a group of players that would never buy anything no matter how cheap it is. Two is an exclusivity factor where if things are too cheap, some won't buy it because it's not exclusive enough.
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