Path: utzoo!utgpu!jarvis.csri.toronto.edu!me!zougas
Newsgroups: ont.general
From: zougas@me.utoronto.ca (Tom Zougas)
Subject: Re: Sunday shopping
Message-ID: <1989Dec29.171844.13290@me.toronto.edu>
Organization: Mechanical Engineering, U of Toronto
References: <1989Dec29.113120.6892@me.toronto.edu> <1989Dec29.123430.15786@jarvis.csri.toronto.edu>
Date: 29 Dec 89 22:18:44 GMT

In article <1989Dec29.123430.15786@jarvis.csri.toronto.edu> mart@csri.toronto.edu (Mart Molle) writes:
>
>Ummm, well, wouldn't the store owner have the option of moving his business
>elsewhere (to a location where Sunday is either a sufficiently busy to justify
>opening, or one that doesn't force him/her to open...)?  Again, this is an
>example of a short-term transient.  ...

I was considering the scenario where _all_ locations were forcing Sunday
opening. This is a possible long-term case.

>I don't get it.  Are you suggesting that there is some unwritten code of ethics
>in business that says you set your prices as X% of cost (X > 100), no matter
>what?  You set your prices so as to maximize your profits. If raising prices
>would increase your profits (to "compensate for the overhead"), what's keeping
>you from raising them *now*, and just pocketing the increase? ...

Then why do 7-11's charge more than your average variety store? Are they
pocketing the extra cash, or are they compensating for the additional
convenience of being open 24 hrs, 7 days a week? I'm not trying to be
facetious. I'm just trying to understand the situation.

Tom.
-- 
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