A
Austin Shackles
Guest
On or around Thu, 13 Oct 2005 21:54:36 +0100, Steve
<[email protected]> enlightened us thusly:
>Graham G wrote:
>
>>> Not exactly. to be a parallel with farming, you build a car and then the
>>> dealer tells you how much he's prepared to pay for it, and if that's less
>>> than it cost to make it, tough. AIUI.
>>
>> Spot on, thanks Austin
>>
>>
>
>But the dealer sells it for what he thinks the market will stand.
indeed. However, the final selling price in the analogy would not be
related to the manufacture price, it'd reflect a nice fat mark-up on the
price the dealer decided he was prepared to pay for it - or rather, the
dealer would decided that the market could stand price X and would offer the
manufacturer X/2
--
Austin Shackles. www.ddol-las.net my opinions are just that
"You praise the firm restraint with which they write -_
I'm with you there, of course: They use the snaffle and the bit
alright, but where's the bloody horse? - Roy Campbell (1902-1957)
<[email protected]> enlightened us thusly:
>Graham G wrote:
>
>>> Not exactly. to be a parallel with farming, you build a car and then the
>>> dealer tells you how much he's prepared to pay for it, and if that's less
>>> than it cost to make it, tough. AIUI.
>>
>> Spot on, thanks Austin
>>
>>
>
>But the dealer sells it for what he thinks the market will stand.
indeed. However, the final selling price in the analogy would not be
related to the manufacture price, it'd reflect a nice fat mark-up on the
price the dealer decided he was prepared to pay for it - or rather, the
dealer would decided that the market could stand price X and would offer the
manufacturer X/2
--
Austin Shackles. www.ddol-las.net my opinions are just that
"You praise the firm restraint with which they write -_
I'm with you there, of course: They use the snaffle and the bit
alright, but where's the bloody horse? - Roy Campbell (1902-1957)