Category: econocaste

economics .. the short version, since the long is wasted on the young

The Simple Price

Posted on Posted in econocaste, Valley Hi

You’ve discovered a product. You love it. Everyone who sees it asks about it. What do you do?

  • Tell them where to get it.
  • Sell them yours and buy more to sell.
  • Make your own version and sell that.

    Suppose you are the courageous type, don’t also be foolish and make yours to sell at a cheaper price. Sell a better one at the same price or higher.