Re: Cost Whiners

Subject: Re: Cost Whiners
From: Mike Spurgeon <mike@spurgeon.net>
Date: Mon, 02 Apr 2007 16:15:36 GMT
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Payton Byrd wrote:


"Mike Spurgeon" <mike@spurgeon.net> wrote in message 46112038.6030209@spurgeon.net">news:46112038.6030209@spurgeon.net...

Payton Byrd wrote:

If a PET goes for $1700 on eBay, then that's what that PET was worth.

A little Econ 101 would help.

It's what it was worth to *that buyer*...


If that was a case we wouldn't have a stock market.


Sorry.  It *is* the case.

If 50 sold for $1700, it would be closer to what it is worth in themarket place..

Follow-Ups:
- Re: Cost Whiners
  - From: "Michael J. Mahon" <mjmahon@aol.com>

References:
- Cost Whiners
  - From: "Payton Byrd" <plbyrd@bellsouth.no.spam.net>
- Re: Cost Whiners
  - From: Mike Spurgeon <mike@spurgeon.net>
- Re: Cost Whiners
  - From: "Payton Byrd" <plbyrd@bellsouth.no.spam.net>