Originally posted by Mabus
Give basic examples:
What is the perfect price to pay for these days? Did you pay for it?
What is the imperfect price to pay for these days? Did you pay for it?
The perfect price is a price which I can afford, which also enables the seller to make enough money to pay for his materials, labor, and overhead and
also make a small profit.
This balance is extraordinarily difficult to achieve.
I usually pay an imperfect price; either the product is undervalued, which means the employees are not being paid a fair wage (because businesses will
short their employees rather than sell an item at a loss). Or the item is too highly valued: I cannot afford it. Sometimes this is because the raw
materials and labor simply cost too much. Other times items are grossly over-valued and represent either outrageously expensive labor or extreme
levels of pure profit. Sometimes I will buy such an item anyway. Usually not.
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