T And T Garage wrote on 09/07/17 at 05:44:52:


Answer my question.

Really? Would you care to explain how the fluctuation in prices of a service differ from the fluctuating in prices of a product especially durning a time of duress?

So if you have to call a HVAC tech on July 4th cause your AC crapped out,  your red,white and blue ice creme cake is melting and your wife is ready to shoot you because you told her last night you fixed it and now you've got a house full of hot, smelly guest,  if that tech says its time and a half on Sundays and double time on holidays, what are you gonna tell him? "Sorry, but I don't believe the prices of service fluctuate due to demand."

Answer me TT.

Third - going back to my initial statement about goods and services - there are clear distinctions between the two - duh.  You can't treat them as one in the same. (with you being a "businessman", I thought you would have known that....lol)

Yes, you can. You absolutely can and all of us do it everyday.

You are NOT ignorant of these facts, you know them after growing up in a capitalistic society. We all learn these things starting with ice cone and lemonade stands as children.

You are just trying to argue a point and did not think about what you wrote.

I'm giving you the chance to say, ' you know what, on second thought, it is true that the prices of goods and services fluctuate by the same market mechanisms.'

And, are you saying American Airlines stock dipped because they increased their price of airline tickets out of Florida this week?  

If Bobby has lemonade for 50¢ on one side of the street and Suzy has the same lemonade for 25¢ on the other, Suzy's gonna get the sales.  However, if Bobby's front yard has puppies to pet and Suzy doesn't - the value add of Bobby's yard will win out.  You can't charge more for the same product as your competitor for no reason.


Sorry, but didn't you just prove my point? The price fluctuation for goods and services both use the same mechanisms?

A better example is if Bobby and Suzy both add a delivery service to their stands. They each start delivering to the elderly who are unable to leave their houses. Bobby agrees to take the north side of their street while Suzy takes the south side. For everyone else, they compete for business. Bobby has some customers on Suzy's side of the street and Suzy has some customers on Bobby's side. Because there's a finite number of lemonade cups they can sell during the day and each delivery takes time away from the stand, they realize they are losing other sales by being away. So they both add a .10 fee to each delivery.

During a particularly brutal heat wave, the elderly are demanding three times as many delivers per day.  Bobby makes all these trips and adds .10 each time. However, as he's gone from his stand, he's loosing all his other customers who find other ways to get cool drinks. Susy on the other hand, increases her delivery fee to .25 per cup. Her elderly only buy two cups per day. If they want more, they find other ways to get a cool drink. Susy spends more time at her stand selling lemonade cups to walk up customers.

Now, pull back and looking at this from 30,000 ft, Suzy has delivered her product to more people and 'forced' her elderly to find other methods to find a cool drink. Bobby on the other hand, lost revenue and didn't supply lemonade to nearly as many. Neither Bobby or Suzy lost a single customer to death because they couldn't get that extra drink and no one died because an airline ticket was $500 instead of $99. Isn't your life worth more to you than the $400 difference?


Yes, I'm saying that their price dropped BECAUSE they gouged.  You see, when you sell a service, it has nothing tangible.  ALL you have is your service.  Now, when you jack up a price of your service for no reason other than "because you can in an emergency" - people take notice and they let you know by not wanting to invest in your company.  Very simple actually.  Word of mouth makes or breaks you.  Pretty common knowledge in any business.

Honestly, do you really think anyone sold AA stock at a loss because of this hurricane? Did you read this somewhere? I don't own AA stock but I did just read they are down the past several months because of missed projections.

Now, AA might face a backlash and they very well may issue some type of apology and some coupons or something to try and make up with the marketplace. And if this happens again, I suspect they'll go out of their way not to raise their price and they'll make sure everyone hears them say that. By the way, JetBlue most likely made a business decision based on marketing not to raise their price as they advertised their decision not to.

Talk about straw man....! You are doing everything you can to avoid admitting you made a colossal error by going against logical economics.

Look, I'll let you off the hook: Pricing for goods and services can both fluctuate by the same market mechanisms.

You were just trying to look smart and typed that other crap before you thought it through.

Now you're going to try and divert attention from the original point you foolishly called me an idiot on. Punt now, don't answer anymore on this thread or you'll certainly type something equally foolish. You already started another idiotic idea by trying to bring up AA stock going down because of this. I would like to say you can't be that stupid, but.....

Part of the problem in dealings with people like you is they bail when cornered. Let's go back to the beginning, shall we.

LOL - if you're so GD smart, why don't you know the difference between a product and a service, hmm?  The economics are different - didn't you know that??????  LOL   You may want to go fill out a ID10T form and think about it.

This was your comment. I said the price fluctuations mechanism behind a good or service was the same.

You've done nothing but prove my point.

Done.

This was your comment. I said the price fluctuations mechanism behind a good or service was the same.

Aaaaand - They're not.  

Your stupidly is award winning.
Everyone understands they are. As I stated in my HVAC tech example on a holiday, of course they are. You're an idiot.

Regarding your lie, that belongs in another post. Try to defend you lie over there.

I'm not done, just with this topic, I'm a cat and you're a little mouse I'm playing with. You are powerless to get away and your senseless comments are the equivalent a mouse scampering away for a couple inches until I exert my will over him, much like I'm doing to you.

Yes, you are a liar and also fool when it comes to business and economics. Like a cat that gets bored playing with the mouse, I'm done with you on this.

I'll smack you around on other post but on this topic, I've killed you and fed you to my young.