-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 03/30/07 15:14, John Hasler wrote: > Ron Johnson writes: >> We buy the cheapest *whole* wheat bread at the local store that doesn't >> taste like crumbly cardboard. > > I wrote: >> See? You're picky. > > Ron Johnson writes: >> Taste pickiness != snob pickiness. (Although snobs like to pretend it >> is.) > > Didn't say it was. However, if the cheapest bread you are willing to eat > went up 1% in price, how likely would you be to switch to a cheaper brand? > That's elasticity.
O% if it's still the cheapest brand that the store sells. Remember that driving to another store takes time and gasoline, so you only go to a 2nd store if it's *really* worth your while. >> Not true unless you're on a very tight budget. > > As many are. > >> Ask your wife whether she'd spend an extra 30 cents on bread from a brand >> she trusts. > > My wife buys the cheapest whole-wheat bread she can find (but she's > exceptional). My wife buys the 2nd cheapest, because the cheapest is dry and crumbly, and I don't like dry crumbly bread. > I prefer pumpernickel from Bohemian Ovens and french bread > from LaBrea or The Creamery (can't afford either very often, though). - -- Ron Johnson, Jr. Jefferson LA USA Give a man a fish, and he eats for a day. Hit him with a fish, and he goes away for good! -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.6 (GNU/Linux) iD8DBQFGDXX7S9HxQb37XmcRAutDAKCqPeGHJ3n3qyeh1WWeMmcCiD+hlQCgvzA+ JXQ3uPXNL+C8t3Kuu/dIdjE= =Eu+P -----END PGP SIGNATURE----- -- To UNSUBSCRIBE, email to [EMAIL PROTECTED] with a subject of "unsubscribe". Trouble? Contact [EMAIL PROTECTED]
