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DLester

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I wanted to reply to whatever's econ post but took a break and it looks well covered now. Order is restored.
 

Blog Marley

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Sounds like a solid business model to me ;)
Oki-Ni currently deducting a further 20% off sale items once added to the shopping bag.


What about VAT? I'm ready to pull the trigger on something but VAT is the only hold up.
 

gezuz

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Hello! I'm in NY for the next few days, are there any sales I should check out for shirts or outerwear? I didn't want to start a new thread, sorry if this is inapprops.
 

whatever123

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blah, blah, blah.

blah, blah, blah, blah, blah.

blah.
 
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APK

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Last edited:

whatever123

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In economics, the object is often to maximize the "greatest benefit to all parties" or social welfare. Consider the following stylized example:
Suppose a retailer has 10 units to sell. The social welfare maximizing outcome is that the 10 units get allocated to the 10 consumers with the highest willingness to pay, regardless of the prices paid/transfers made. Social welfare is almost always defined to an unbiased average of individual welfare, i.e. the retailer and the consumer's welfare count equally. Therefore any payment p cancels out in social welfare. Since the buyer's willingness to pay and the retailer's reservation price are not stamped on their heads, discounts are an appropriate mechanism to make sure than the first 10 get allocated the units.



your example below is not logical so i dont know what your point is.
 
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LA Guy

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Enough, now. Next person who doesn't actually post about sales is going to owe my $300, which is the difference between what I want to pay for this new pair of boots I have my eyes on, and how much they actually cost.

That's all.

Fok.
 

NAMOR

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Reedo, are you in Portland? I saw a pasty lookalike in Sac
 

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