Economics with Laura: Lesson 1
Discounts; or, "It's almost free"
If an item is half price or less, it is "almost free".
If an item is 40% off or more, it is "almost almost free".
You can safely buy a few more items that you would normally buy when they are almost free, or almost almost free.
In related yet unrelated matters, food and beverages given away freely at a conference are truly free. (Even more so if you aren't personally paying the registration fee.)
If they are non-perishable, like, say, a bottle of diet Coke, it is ok to take said item with the intent to consume it... and then to not consume it that day, but at a later date. Especially if you have to get up very early to go to Swindon the next day, since caffeine keeps you awake.
If an item is half price or less, it is "almost free".
If an item is 40% off or more, it is "almost almost free".
You can safely buy a few more items that you would normally buy when they are almost free, or almost almost free.
In related yet unrelated matters, food and beverages given away freely at a conference are truly free. (Even more so if you aren't personally paying the registration fee.)
If they are non-perishable, like, say, a bottle of diet Coke, it is ok to take said item with the intent to consume it... and then to not consume it that day, but at a later date. Especially if you have to get up very early to go to Swindon the next day, since caffeine keeps you awake.
Labels: Economics for the masses, Food + drink, Laura