Wednesday, February 18, 2009

Overpricing: Key to Economic Stability


The growing worldwide economic crisis is mirrored on the day-to-day lifestyle of every individual nowadays. Clearly, everyone is affected everywhere.

Businesses in the Philippines tend to cut workdays/workloads of employees to lessen salary rate, some prefer to cost-cut their budget, while others are opt to do a mass lay off. This is the bitter reality of today. However, small businesses choose to simply overprice products and services to meet their expected standard income. Thus, this is not favorable for the consumers.

Given:
Printing cost per page is P10 for black and P20 for colored in short bond paper.
Printing cost per page is P12 for black and P30 for colored in long bond paper.

Problem:
You are to print a two-paged resume with a 2x2 colored picture on the front and 2 other documents in black in legal size. What is the total cost?

Result:
Epistaxis.

10 comments:

' S k y ' said...

dude, ganyan talaga. highschool pa lang ako mataas na ang printing. gulat nga ako nung nag college ako kasi super mura. pero nagulat ulit ako kasi nagbalik na sa ten pesos ang print niyan... huhu... ganyan talaga. lets just thank we still have our jobs.

kim dayag said...

game theory. competition. i think you have a lot of option when it comes to small businesses so it's in the consumer's point to purchase that overpriced product or not. big companies on the other hand are regulated, but the degree is questionable.

economic stability is a big word and overpricing i tell you is never good in the market unless it's a monopoly.:D

' S k y ' said...

kaya ako, pag nanalo ako sa lotto next bolahan, bibigyan ko si varian ng isang milyon. tapos ako, bibili ako franchise ng jollibee. ahehehe! may ganon? :)

'Varian Mazo The Ringleader' said...

Tama ka, kaya nga miss ko na magpa-print sa likod ng SM Manila.
LOL!

\m/

'Varian Mazo The Ringleader' said...

I know, I was just tweaking my mind to write a not-so-formal-but-comical blog entry.
=)

\m/

'Varian Mazo The Ringleader' said...

Promise?
P1M?
LOL!

\m/

' S k y ' said...

promise! :) naku var! baka gawan to ng isyu ni seph... haha! don't worry seph, may 1 m ka din pag nanalo ako sa lotto. :)

'Varian Mazo The Ringleader' said...

Anong isyu naman?
=/

\m/

' S k y ' said...

inaasar ka kaya nun sakin. hahahahaha!!!!!

'Varian Mazo The Ringleader' said...

Like..?

\m/

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