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Joined: Jan 2005
Posts: 38,865
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Jan 2005
Posts: 38,865 |
We often stop making popcorn for awhile at the concession stand for local baseball games so that we can clean the popper. We have always got some popcorn on hand in the warming section of the machine while we do this. As I now realize, from seeing how gasoline is marketed, we should be charging $2 a bag for this stored popcorn, instead of the normal $1, while the popper is shut down for maintenance. Even though we have created the "shortage" by our own actions, there is no reason that our income should go down since we have less product because of it. Then, when the popper is cleaned and back in operation, we can gradually lower the price, say to $1.80 for awhile, then maybe $1.65, and so on, before eventually getting back down near $1.00 again.
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Joined: Jan 2001
Posts: 21,317
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 21,317 |
So if the popping corn and oil price doubles, will you still sell the bags for $1?
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Joined: Jan 2005
Posts: 38,865
Campfire 'Bwana
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OP
Campfire 'Bwana
Joined: Jan 2005
Posts: 38,865 |
Self-created lower supply versus increased cost of materials? Apples and oranges.
However, if the cost of materials drops, we might eventually lower our price, but we certainly won't drop it by the same percentage as the drop in material cost.
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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Joined: Jan 2001
Posts: 21,317
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 21,317 |
Perhaps a better analogy would be at the beginning of the season you buy a truckload of pre-popped pre-bagged popcorn. If the cots of that product drops during the season do you drop your price?
It's not a single business entity that brings the crude to the surface, transports it to the refinery, refines it, ships it to the gas station and sells the end product.
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Joined: Mar 2008
Posts: 15,289
Campfire Ranger
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Campfire Ranger
Joined: Mar 2008
Posts: 15,289 |
It's not a single business entity that brings the crude to the surface, transports it to the refinery, refines it, ships it to the gas station and sells the end product. No, but they're all in cahoots.
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Joined: Sep 2006
Posts: 985
Campfire Regular
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Campfire Regular
Joined: Sep 2006
Posts: 985 |
Yeah, and they promote fuel conservation and impose fuel economy standards on cars then say we have to raise the per-gallon taxes because there isn't enough money to maintain the roads. There aren't enough gallons being sold. 8 cents per gallon profit is highway robbery but 15 cents of taxes isn't enough.
Then they promote water conservation and impose drought restrictions. You guessed it, the water rates go up because they aren't selling enough gallons of water.
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Joined: Nov 2011
Posts: 30,960
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 30,960 |
We often stop making popcorn for awhile at the concession stand for local baseball games so that we can clean the popper. We have always got some popcorn on hand in the warming section of the machine while we do this. As I now realize, from seeing how gasoline is marketed, we should be charging $2 a bag for this stored popcorn, instead of the normal $1, while the popper is shut down for maintenance. Even though we have created the "shortage" by our own actions, there is no reason that our income should go down since we have less product because of it. Then, when the popper is cleaned and back in operation, we can gradually lower the price, say to $1.80 for awhile, then maybe $1.65, and so on, before eventually getting back down near $1.00 again. People can wait on, or just not buy the popcorn, or buy a substitute product like candy. People have much less choice when it comes to vehicle fuel. In economics we call this the elasticity of demand.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Nov 2010
Posts: 19,004
Campfire Ranger
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Campfire Ranger
Joined: Nov 2010
Posts: 19,004 |
or those nachos with fake cheese and stale chips, something about a concession stand makes em taste delicious
Dave
�The man who complains about the way the ball bounces is likely to be the one who dropped it.� Lou Holtz
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Joined: Dec 2010
Posts: 14,408
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2010
Posts: 14,408 |
now i'm boycotting popcorn.
My diploma is a DD214
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Joined: Nov 2010
Posts: 19,004
Campfire Ranger
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Campfire Ranger
Joined: Nov 2010
Posts: 19,004 |
now i'm boycotting popcorn. but don't boycott boy scout popcorn
Dave
�The man who complains about the way the ball bounces is likely to be the one who dropped it.� Lou Holtz
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Joined: Jan 2001
Posts: 21,317
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 21,317 |
now i'm boycotting popcorn. but don't boycott boy scout popcorn We're happy to support scouts and love the popcorn but gol darn it's gotten expensive! Seems you get 1/2 as much as you used to and it no longer comes in a tin.
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Joined: Nov 2010
Posts: 19,004
Campfire Ranger
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Campfire Ranger
Joined: Nov 2010
Posts: 19,004 |
yeah, "its the thought that counts" or so they say.
Dave
�The man who complains about the way the ball bounces is likely to be the one who dropped it.� Lou Holtz
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Joined: Dec 2010
Posts: 14,408
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2010
Posts: 14,408 |
now i'm boycotting popcorn. but don't boycott boy scout popcorn i wouldn't get away with that. my boys sold it for 12 years so i have a lot of paying back to do. its actually really good popcorn its just so dang expensive. i bought a small can of caramel popcorn the other day and it was $10. my son ate it in one sitting. but i now have a nice can to put crap in.
My diploma is a DD214
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Joined: Jan 2006
Posts: 69,337
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,337 |
Then there's government business. The Bonneville Power Admin is a federal agency that controls all the power production & sales in the northwest. A couple years ago, we had an oversupply of water and the hydro power plants were producing more than the grid could handle. It was necessary to shut down the thousands of windmills that line the Columbia River because there was no need for their power.
In private industry, if you over produce, you cut back and take a hit until demand increases or your inventory is down to a marketable level. Not so here. The BPA ordered the windmills shut down but they paid the owners for power they didn't produce, using our tax money to pay them.
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Jun 2005
Posts: 8,896
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2005
Posts: 8,896 |
wish I could still eat popcorn...
One man with courage makes a majority....
~Molɔ̀ːn Labé Skýla~
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