Guardians of Grail

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AP Chapter One Wiki,[link widoczny dla zalogowanych]
I not really sure where you can post this but it going here. The other day at the office I was pretty bored and merely started convinced that everything to complete in retail is like opportunities costs. While looking at customers I realized that no one was buying men clothing. I work at the Adidas Outlet and the sale was 25% of all red tag products. So after realizing i went to examine the men side and I noticed everything was green tagged, and so i price checked the product and it was virtually all said to be red tagged. I made a decision to then price everything but realized that by doing this I was not helping some other clients. I started groing through the tradeoffs and noticed this really is all economics. By price checking I am lowering the prices so customers can by more in line with the sale, but not personally helping people. I made the right choice; the store was 3000 dollars over planned sales. I believe the very best example is when two groups of people enter the store. Consider the two groups: a young family with younger and older kids and an older couple. Once they walk in you consider to begin with who'll buy more product, usually family will since there are more and more people, thus more opportunity to buy product. But when you devote your time towards the family you may not help the older couple who might be rich and willing to purchase your priciest shoe,[link widoczny dla zalogowanych], as the family just wants cheap shoes for their kids. These are just two tradeoffs,[link widoczny dla zalogowanych], there are plenty of making retail quite interesting sometimes. Basically help this person,[link widoczny dla zalogowanych], they may not buy anything, while I could happen to be helping someone who would by a lot of product. You have to read lots of signs and realize that how you behave also have consequences.
They won earn profits by that last person,[link widoczny dla zalogowanych], however they will come closer to breaking even. The plane is going to go whether that last passenger is on the website or otherwise - so if they can make an additional $300,[link widoczny dla zalogowanych], why don't you? The actual price is just the marginal cost - the peanuts soda (when they even offer that). Therefore,[link widoczny dla zalogowanych], as long as that covered,[link widoczny dla zalogowanych], it within their welfare to get rid of the seats, no matter how low they might need to go. To express it profitable is stretching it.
You can compare it towards the $5 mil about the example in class. Those funds is going to be spent whether or not or not those last seats can be purchased. All of the decisions we make are marginal. We look at the pros cons,[link widoczny dla zalogowanych], and make our decision depending on that. We had some Droppers within the class. On their behalf,[link widoczny dla zalogowanych], the cons (having to study more) were worse for them than the pros (learning a brand new subject possibly gaining college credit). That what we should all do -- which called marginal thinking. "Marginal" means "the last one" -- a lot like the straw that broke the camel back. Technically,[link widoczny dla zalogowanych], based on an economist,[link widoczny dla zalogowanych], it wasn the combination of all of the straws,[link widoczny dla zalogowanych], it was the final one which caused the break, since the others didn't do it. However,[link widoczny dla zalogowanych], won the airline still generate losses on that flight, because the airline continues to have nine empty seats, and one of them wasn't sold in the average (break even) price?
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