put an end to the HP wars and even bring some sanity to mileage..... I mean actually trying to decrease say HP FOR mileage etc????
Stopped at a fuel center yesterday asked the guy why his prices for diesel was ten cents cheaper a gallon than down the hill. Mistake. Drove in today to fill up price was up eleven cents a gallon. What's wrong with this picture. Oh, by the way it's $3. 50 in Southern California.
3. 89 today!! Tell me how come they jack up the price of fuel at the stations when that fuel was bought at the lower price that is in ground?? GREED!!
Good grief. You obvious failed grade school economics. I'll try to explain. Say you buy a wigit for $1 and then sell it at $2. Then one day the price from your supplier of wigits goes to $100. Now you have 10 wigits in stock you paid $1 for, but how are you going to buy the new $100 wigits if you charge $2 for the ones you have. The market price is now $100 which means the value of the wigits you are selling when up regardless of what you paid for them. You'd be giving them away if you sold them for $2 because now they are worth $100. So your price reflects current market price. It is a reflection of value. This is the way all commodities work, from coffee to oil. BTW, what are you going to sell your new $100 wigits for $101 or $200? To keep profit margins the same it'd be $200 (100%).
Good grief. You obvious failed grade school economics. I'll try to explain. Say you buy a wigit for $1 and then sell it at $2. Then one day the price from your supplier of wigits goes to $100. Now you have 10 wigits in stock you paid $1 for, but how are you going to buy the new $100 wigits if you charge $2 for the ones you have. The market price is now $100 which means the value of the wigits you are selling when up regardless of what you paid for them. You'd be giving them away if you sold them for $2 because now they are worth $100. So your price reflects current market price. It is a reflection of value. This is the way all commodities work, from coffee to oil. BTW, what are you going to sell your new $100 wigits for $101 or $200? To keep profit margins the same it'd be $200 (100%).
Good grief. You obvious failed grade school economics. I'll try to explain. Say you buy a wigit for $1 and then sell it at $2. Then one day the price from your supplier of wigits goes to $100. Now you have 10 wigits in stock you paid $1 for, but how are you going to buy the new $100 wigits if you charge $2 for the ones you have. The market price is now $100 which means the value of the wigits you are selling when up regardless of what you paid for them. You'd be giving them away if you sold them for $2 because now they are worth $100. So your price reflects current market price. It is a reflection of value. This is the way all commodities work, from coffee to oil. BTW, what are you going to sell your new $100 wigits for $101 or $200? To keep profit margins the same it'd be $200 (100%).