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You know how you get a better price when you buy in bulk? Well, I put on my tinfoil hat and did a little thinking....The more you buy of something, the less there is of it, right? So, let's say that there are 10 diamond rings for sale. Each one costs $1000. But if you buy FIVE of them, you get them for $800 each.OK, so you buy the lot of five. So now there are LESS rings available. But the law of supply and demand says--well, you know what it says.So how come the price isn't going UP with each purchase? I believe THIS is the reason we are in trouble in America--we don't understand economics!

I am beginning to worry about my logic. I think it is gone, cause for some reason this makes perfiect sense since I do not understand it.I have heard about them 'bite coins' but the Soup dollars is new! Some facts but mostly just my [email protected]/

The fact that five diamond rings were purchased means that diamond miners will continue to be motivated to mine more diamonds, since it is reasonable to believe they will be able to make a profit from the diamonds they mine. Likewise, the jewelers are motivated to use their talent and ability to take raw diamonds and make them into something beautiful that people will value enough to pay for.

Have you had your water tested recently?

Good one DD Some facts but mostly just my [email protected]/

First of all, how dare you try to steal my thunder and rob me of my rightful claim to a Nobel prize! But, consider if there are 10 specially-designed cars. These are the only cars of their type and are collectors items. A million apiece is the price. If someone comes up and want to buy nine of them, is it unreasonable for him to be give a slight discount, even though he is lowering the limited supply (I.e., they are not going to make/mine new cars)?

Sorry Dave.Aaron hasn't mastered the Dick and Jane books yet.No way he can read an economics book

Dave...

Aaron, I'll start with your first sentence...

The better price when you buy in bulk happens because selling in bulk can reduce the associated costs (overhead) of selling an item. In other words, if I have to feed my donkey one hay bale whether I take one dozen eggs or five dozen eggs to market on my donkey cart, I can either make a better profit on the five dozen (or reduce the cost of the eggs if I want to make the same profit).