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To: Alberta's Child
In any financial transaction, buyers will seek the lowest price possible.

No they don't. Quality matters.

35 posted on 03/19/2016 7:34:43 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
Quality does matter, but it doesn't dictate the decision.

Every buyer who has the option of purchasing a variety of different items in a product line will always ask the same question:

"Am I willing to pay $X for a top quality item, or will I settle for a mid-grade or cheap alternative for a price of [less than $X]."

As the factors I described in my previous bring about the inevitable result where a combination of cheap imports and immigrant labor push more American consumers out of the work force, one of the ways the government deals with the issue is by replacing the question I presented above with the following mandate (not a question):

"You will pay $X for a product or service regardless of whether you need it, even if it has the quality of a mid-grade or cheap alternative that would cost [less than $X] under normal circumstances."

This explains why our economy is now built on a growing pile of government-mandated expenditures instead of normal business and consumer transactions.

40 posted on 03/19/2016 7:48:37 AM PDT by Alberta's Child ("Sometimes I feel like I've been tied to the whipping post.")
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