lb:basic.economics
Differences
This shows you the differences between two versions of the page.
| lb:basic.economics [2025-11-01 12:52:40] – created ninjasr | lb:basic.economics [2025-11-02 11:00:38] (current) – [Value] ninjasr | ||
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| The reason some guy paid $1.50 while you paid $2.00 is because those are the prices that we had agreed upon. He was willing to pay $1.50 for the hotdog and I agreed to sell it to him for that amount. Meanwhile you were willing to pay $2.00 for it, so I agreed to that too. If you had known the other guy had paid less, you'd probably want to pay that much too.\\ | The reason some guy paid $1.50 while you paid $2.00 is because those are the prices that we had agreed upon. He was willing to pay $1.50 for the hotdog and I agreed to sell it to him for that amount. Meanwhile you were willing to pay $2.00 for it, so I agreed to that too. If you had known the other guy had paid less, you'd probably want to pay that much too.\\ | ||
| Basically every price of any good or service is individually negotiable like this. There //are// parts of this ‘equation’ that are //kinda, sorta, not really// set in stone – like me spending $0.50 to make each hotdog – but generally this applies.\\ | Basically every price of any good or service is individually negotiable like this. There //are// parts of this ‘equation’ that are //kinda, sorta, not really// set in stone – like me spending $0.50 to make each hotdog – but generally this applies.\\ | ||
| - | Does this mean that all prices are nonsense and, in fact, nothing is worth anything? No, that doesn' | + | Does this mean that all prices are nonsense and, in fact, nothing is worth anything? No, it doesn' |
| So you aren't paying $2.00 because //every hotdog in existence is worth exactly $2.00// but because within your given context, that's how much the hotdog was worth //to you//. | So you aren't paying $2.00 because //every hotdog in existence is worth exactly $2.00// but because within your given context, that's how much the hotdog was worth //to you//. | ||
lb/basic.economics.txt · Last modified: 2025-11-02 11:00:38 by ninjasr