Saturday, December 06, 2008
Economics
If a pharmaceutical company invented a hangover cure pill, what would they be able to charge for it?
If you are really hungover, you would pay pretty much anything for it, but unfortunately you would probably be too hungover to go out and buy it.
If you are not [yet] hungover, you would be able to go buy it, but probably wouldn't be willing to spend too much for it.
If a pharmaceutical company invented a hangover cure pill, what would they be able to charge for it?
If you are really hungover, you would pay pretty much anything for it, but unfortunately you would probably be too hungover to go out and buy it.
If you are not [yet] hungover, you would be able to go buy it, but probably wouldn't be willing to spend too much for it.
