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They’re not fulfilling a market demand, Valve intentionally underproduced Steam Frames to create temporary artificial scarcity (hype) and the scalpers are taking advantage of that. Supply & demand aren’t natural laws because humans control production levels. Scalpers are lowkey encouraged by Valve because they increase the perception of value/scarcity
This is some weird logic. How as a business could you know exactly how many of an item you need to produce and have in stock less than a week before you take orders? What happens to a business that produces lets say 1 million units but then when orders start they only sell 10k? The only way to solve this with your way of thinking is to do some kind of Kickstarter/early order before production.
These are some high level conspiracy theories if you seriously think this is how it works.