Posted on January 23, 2010.
Does this work? Can we really bring down the price of oil? The EGG STORYWill the control of inflation? - The logic of Nice [C1]
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Nice Logic - It may work!
A man eats two eggs every morning for breakfast. When he goes to
the Kirana
store, he pays Rs 12 a dozen. Since a dozen eggs will not last
week,
normally buys two dozens at a time. One day while buying eggs
Opinion
the price rose to Rs 16. The next time he buys
groceries, eggs
Are Rs. 22 a dozen.
When asked to explain the price of eggs the store owner said,
"The price
has increased and I raise my price accordingly ". This store
purchases 100
dozen eggs per day. He checked around for a better price and all
the
Distributors have increased their prices. Distributors have
started buying
the huge production of eggs. Egg production has been driven small
of
business. Egg production huge sell 100,000 dozen eggs a day
distributors. In the absence of competition, they can set the price
they wish.
The distributors then have to increase prices at the grocery store
stores. And
on and on and on.
As the man kept buying eggs the price kept rising. He saw
large egg
trucks delivering 100 dozen eggs a day. Nothing has changed there.
It
checked the huge production of eggs and found they were selling
100,000 dozen
eggs to the distributors daily. Nothing had changed, but the price
eggs.
Then week before Diwali the price of eggs rose to Rs 40 a
dozen. Yet
He asked the owner of grocery and why it is said, cakes and pastry
for
vacation. "Egg producers enormous know there will be many
Baking Password
and more eggs will be used. Therefore, the price of eggs increased.
Expect the
same thing at Christmas and other times when family cooking,
cooking, etc.
happen.
This trend continues until the price of eggs is of Rs 60 a dozen.
Man
said: "There must be something we can do on the price of
eggs.
He starts talking to all the people in his town and they decide
to stop
buy eggs. It did not work because everyone needed eggs.
Finally, the man suggested only buying what you need. He ate two
eggs per day.
On the way home from work, he stops at the grocery store and buy
two eggs.
Everyone in town started buying 2 or 3 eggs per day.
The grocery shop owner began complaining that he had too
eggs in
cooler. He told the distributor that he did not need eggs.
Maybe would not need all of one week.
The distributor had eggs accumulate in its warehouse. He told
large egg
farms that had no room for eggs would not need any
for at least
fortnight.
At the farm, eggs, chickens kept on laying eggs. In
relieve
pressure, large egg farm told the distributor that they could
buy
eggs at a lower price.
The dealer said: "I do not have room for %$&^*&%
eggs, although
they were "free." The dealer said the store owner
it
would reduce the price of eggs if the store start buying
again.
The store clean.