Tuesday, February 16, 2016

Theoretical Price by Gary Hainsworth

Generally, the price of something is irrelevant if no one wants to buy it. The counteroffer is a series of inconsequential words if the other party doesn't abide it.

Price is only established during the transaction and only becomes real by any substantive measure once there is a consideration. Once the conducted business concludes. Until the product or service is procured, the price is a potentiality and nothing more. 

In actuality, this thing called price is a fancy way of saying the word offer. Offers are not real until they are accepted or rejected. The cost of something is the synthesis between what one person is willing to buy and what the other is willing to sell it for. 

© 2016 by Gary Hainsworth

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