Re: Patching TPU innertube

On 1/2/2025 10:39 PM, John B. wrote:

On Thu, 2 Jan 2025 22:46:37 -0500, Frank Krygowski
<frkrygow@sbcglobal.net> wrote:
>

On 1/2/2025 7:30 PM, John B. wrote:

>
Years ago I participated in a study of what was termed "anticipated
value".
>
In a shop selling "out doors" stuff we marketed a small 1 cylinder
outboard motor, just right for a small, 1 - 2 man fishing boat. We
changed the sales price from time to time and recorded the volume sold
at the new price . We found that there was a small price range where
the largest number of motors were purchased. This was called
"anticipated value", or in other words people have a preconceived
price that they feel an item is worth, and if the price is much higher
or lower they don't buy.

>
As Andrew has pointed out, there are exceptions. See
https://en.wikipedia.org/wiki/Veblen_good

>
Strange, but your reading comprehension does seem a bit faulty..
>
I write, "people have a preconceived  price that they feel an item is
worth", and you leap into the stadium and talk about people who buy at
excessive costs, basically to show off.
>
Isn't that what I said, or don't you think that the big flashily car
in the drive is doing what it was bought  for?
>
"See over there? That guy must have a whole bunch of money. See the
big electric car in the drive?
>
(But it looks like he went a bit overboard as I notice he don't drive
it much. Rides his old bicycle to the library...")
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 Perhaps you mistake Mr Krygowski's point.