$21 Bucks!?

[cbassett]

Originally posted by TObject
The seller is in good position to determine the fairness of price. Since the "fair to the seller" price is assumed to be higher than the "fair to the buyer price" for the purposes of this discussion we define "fair price" as the price "fair to the seller". So that to error on the safe (higher) side, so to speak.

Another non-answer.
If anything can be taken from that it would be, "A "fair price to the seller" would be the most the seller would pay for something, were he in the buyer's shoes, plus a little more."

[Art Welch]

Originally posted by TObject
The seller is in good position to determine the fairness of price.

I agree. And the fair price would be the maximum amount the buyers are willing to pay.

[Robert J. Yates]

...or you could just use some $3.50 gaskets and get on with your life.

I cannot for the life of me figure out why you all have nothing better to do than argue about a $21 tube of gasket crap LOL

[Art Welch]

It's the economic principle rather than the gasket. The concept of a demand curve applies to everything a dealer or anyone else sells.

[Bruce David]

take your pick.

Dow Corning and GE Silicones
These RTV silicone pastes reach full strength in 24 hours at room temperature andform a tough, rubbery solid. Adhere to metal, glass, wood, silicone resin, vulcanized silicone rubber, ceramic, natural and synthetic fiber, and plastics. Use for sealing, bonding, and gasketing. Not recommended for underwater, concrete, or mortar applications. Won't run on overhead or vertical surfaces. FDA and USDA compliant. NSF certified. UL recognized.
Dow Corning- Begin to harden in 20 minutes. Temperature range is -76? to +350? F. Meet MIL-A-46106B.
GE- Begin to harden in 15-30 minutes. Temperature range is -75? to +400? F. Meet MIL-A-46106B.
Color Size Each

Dow Corning 732
Aluminum 3.0-oz. Tube 7587A38 $2.62

Aluminum 10.1-oz. Cartridge 7587A34 4.21

Black 3.0-oz. Tube 7587A36 2.62

Black 10.1-oz. Cartridge 7587A32 4.21

Clear 3.0-oz. Tube 7587A37 2.62

Clear 10.1-oz. Cartridge 7587A33 4.21

White 3.0-oz. Tube 7587A35 2.62

White 10.1-oz. Cartridge 7587A31 4.21

GE 102
White 2.8-oz. Tube 7545A651 2.70

White 10.1-oz. Cartridge 7545A652 4.51

GE 103
Black 2.8-oz. Tube 7545A661 2.70

Black 10.1-oz. Cartridge 7545A662 4.51

GE 108
Translucent 2.8-oz. Tube 7545A671 2.70

Translucent 10.1-oz. Cartridge 7545A672 4.51

GE 109
Aluminum 10.1-oz. Cartridge 7545A682 4.51

[John]

Originally posted by TObject
The seller is in good position to determine the fairness of price. Since the "fair to the seller" price is assumed to be higher than the "fair to the buyer price" for the purposes of this discussion we define "fair price" as the price "fair to the seller". So that to error on the safe (higher) side, so to speak.

Is your last name Kerry?

[cbassett]

Originally posted by John
Is your last name Kerry?

LOL! That was my first reply, but I'm over my Kerry bashing quota for the week!

[cbassett]

Originally posted byThe guy with two first names..
take your pick.

<snipped misc. tubes of stuff and their associated costs.>

missed the point of the conversation.

[TObject]

Here is another related story.

I was asked for advice recently to set a price for some software in preparation of contract with a large company. They asked me, "Sergey, what do you think the price should be". I said, "Well, you don't want to charge an unreasonably high amount, even though they certainly look like they could afford it".

[the following is based on my awareness of what the software was]

So they asked me, "Well yes, but what would be an unreasonable amount?"
I said, "Anything over $10,000 would be unreasonable"
They replied, "Well yes!.. Off course anything over $10,000 would be unreasonable."

See what happened here? Even though the seller had a problem determining the exact price of the product (hence asking for my advice), they knew darn well, that charging over certain amount [$10,000 in this case] would be unreasonable and unfair.

[Bruce David]

Originally posted by Hound dog
missed the point of the conversation.

I didn't miss the point.
If the price is to high at one place, just go somewhere else. PERIOD.

[TObject]

Bruce,

What is your definition of "price is too high"?

[Paradiddle]

Originally posted by TObject
Bruce,

What is your definition of "price is too high"?

Bruce,

What is your definition of "PERIOD"

[TObject]

While we are at definitions, this cool movie quote defines, "as greedy as a pig"

You cannot move a dead body whole. First of all you have to dice the body into six pieces and pile it up into a bag. Then you'll need to find a pig farm and starve the pigs for a couple of days. The pigs will be so hungry that the body will look like curry to them. They will go through bone like butter, that means that 40 pigs can digest 80 pounds of fat, that's 2 pounds every minute, hence the expression "as greedy as a pig"

- Brick Top, Snatch

[Robert J. Yates]

Originally posted by TObject
See what happened here? Even though the seller had a problem determining the exact price of the product (hence asking for my advice), they knew darn well, that charging over certain amount [$10,000 in this case] would be unreasonable and unfair.

Heh, they won't get far in business if they are not able to maximize their earnings and profits by charging what the customer will bare (as opposed to what the customer thinks is fair). Business' are not in it to be nice - they are in it to maximize earnings and profits. Customers are in it for the best quality at the lowest price. The only time the 2 are mutually inclusive is when there is competition in the market both between sellers and buyers. Ask yourself, are California home prices fair to buyers right now?

[TObject]

You got to be really careful selecting the right price points in the contract negotiation process. Especially with large companies: large companies are known to be particularly greedy.

Take Merck for example, big company, huge, part of the Dow 30. You know what they came up with? Some bean counter found a way to squeeze a few extra pennies from the vendors: They've setup a special set of rules the vendors have to follow in order to submit invoices to Merck. If the rules are not followed: Merck will automatically take a discount, and good luck collecting the whole amount on your invoice.

There are certainly ways to deal with Merck, and they are no doubt a great company. I am just using them as an example on how careful you have to be setting up prices, especially dealing with large corporations.

[TObject]

Originally posted by Robert J. Yates
Ask yourself, are California home prices fair to buyers right now?

Self, are California home prices fair to buyers right now?

[TObject]

Originally posted by TObject
Self, are California home prices fair to buyers right now?

Fortunately, I don't have to worry about it, my mom is a real estate agent, and it's her job to find me a good deal on a house if I wanted to buy one. For those whose mom is not a real estate agent, here is advice: find a good agent first.

[Robert J. Yates]

I didn't ask "find a good deal", I asked if prices were fair.

[TObject]

I don't know if the prices are fair, I hear they've been going down lately.

[Robert J. Yates]

OK - what about for those that bought 4 months ago when prices were higher? Who got the fair end of the bargin then - buyer or seller? Same house, just a different time of the year. Seems to me that there were still plenty of buyers lining up to drop their coin down on a high dollar house when prices were high.

Its all about competition. The price is almost irrelevent. It is in some ways more about how badly you need something, whether you have the income to support your need and whether or not there is choice in the market. Seems to me then using that same logic, $21 for the tube of silicone could be considered a fair price to seller and buyer.

I still say buy some gaskets though if you are that perturbed about it - most gaskets are quite inexpensive as there are so many manufacturers - making it a more than fair purchase to the buyer

[TJP]

Originally posted by Robert J. Yates
...or you could just use some $3.50 gaskets and get on with your life.

I cannot for the life of me figure out why you all have nothing better to do than argue about a $21 tube of gasket crap LOL

And yet you're now right in the middle of the arguement.

[NAILER341]

21 bucks is still too much for a 4 dollar tube of gasket maker.



















this statement is worth 10 more responses.

[Robert J. Yates]

Originally posted by TJP
And yet you're now right in the middle of the arguement.

....sheer boredom had struck me Friday afternoon - besides, I like to argue

I also again proved to myself this weekend why I like gaskets over silicone. Did a diff service on the 10 bolt and 14bolt axles in my Suburban. Getting the old RTV off took the most time. With gaskets, its no muss, no fuss and if done correctly, no leaks.

[Croaker]

"Fair" is a moral judgement.

You guys are trying to use economic theory to make a moral decision. Economics has nothing to do with morality.

[Robert J. Yates]

Originally posted by Croaker
"Fair" is a moral judgement.

You guys are trying to use economic theory to make a moral decision. Economics has nothing to do with morality.

BS - economics has everything to do with morality if the almighty dollar is your lord and master

[Croaker]

Originally posted by Robert J. Yates
BS - economics has everything to do with morality if the almighty dollar is your lord and master

[Art Welch]

Originally posted by Croaker
"Fair" is a moral judgement.

You guys are trying to use economic theory to make a moral decision. Economics has nothing to do with morality.

I really don't get it, how exactly is it amoral to set a price for a product regardless of what the price is? I can see the argument if you're forced to buy it (e.g. charging $10 for a bottle of water after a natural disaster) but besides that?

[Paradiddle]

Gaskets SUCK - Robert should be banned for not using grey silicon!!!!



Erik - are we at 10 yet?

[NAILER341]

Originally posted by Paradiddle
Gaskets SUCK - Robert should be banned for not using grey silicon!!!!



Erik - are we at 10 yet?

we are nearing the 10 post mark... this might even put us on it. naagh.. this is 7
http://cgi.ebay.com/ebaymotors/ws/eB...RK%3AMEWN%3AIT

this is an example of a fair price on some mopar silicone

[cbassett]

Originally posted by Croaker
"Fair" is a moral judgement.

You guys are trying to use economic theory to make a moral decision. Economics has nothing to do with morality.

Malarky.

"Fair" is the application of a moral judgement to an economic decision.