Then the trouble came.
I received a LOT of resposes pretty much all at one shot.
1. They were all "Very interested"
2. They all arranged to see it on Sunday (that was my only free time)
3. Someone offered to up the price to $80
I had no idea who to offer it to but I decided to do the best offer thing. So on Sunday, the first person came along and she offered me $100. I would have taken it on the spot except the 2nd person who was coming had already left her apt (she called me before she left). So I told person 1. Ok, I'll call you back.
Person2 and person 3 were both pretty much turned off by the $100 price so at the end of the day I gave it to person 1. And I emailed the other people to tell them "sorry its taken"
But what does that tell you? Or me?
Frankly, I feel guilty for selling it at a profit. Maybe not so much of a profit maximizer anymore huh. But what to do? If not, I would have had NO idea who to sell the set to. Its hard to do a first come first serve thing when you have no idea whos first and you have no idea whether to judge by email or by who arrive first.
I guess using price as the "invisible hand" is one way. But there should be another way right? I think we have been psychoed too much by society already...that we can't seem to think of any other way. Maybe thats why my Geography prof is so against capitalism (yes he rants n raves about it each lecture and he is a self confessed Maoist).
3 comments:
if the deal's done, it's done! no regrets! if u simply wanna break-even the next time round, then offer the $100 person a 40% discount to make it $60. heh me rite, i tink i must be so not profit maximizing cos i'd take into consideration the wear & tear and the depreciated value of the table and charge $50! haha. oh well. =P
hahaha i did take into acct the condition. and how i offer her a discount? if i did, its not fair to the other people right? cos they would have paid $80 for it.
=\ shouldnt you be happy that you made a profit out from a third hand item ?
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