Project 1999

Go Back   Project 1999 > Blue Community > Blue Trading Hub

Closed Thread
 
Thread Tools Display Modes
  #1  
Old 07-02-2018, 09:20 PM
B4EQWASCOOL B4EQWASCOOL is offline
Fire Giant

B4EQWASCOOL's Avatar

Join Date: Apr 2015
Posts: 869
Default

Quote:
Originally Posted by allpro [You must be logged in to view images. Log in or Register.]
Opportunity cost is the money you would be losing out on through the transaction. Hint "opportunity cost." What you said was completely wrong lol. Nice try though, stay in school kid.
The opportunity cost is what the wealthy person could do with their time by paying a higher price. Nice try? No. You failed and are dumb.

I really do suggest you Google the term next time.
  #2  
Old 07-02-2018, 10:49 PM
Raev Raev is offline
Planar Protector


Join Date: Sep 2014
Posts: 2,290
Default

Quote:
Originally Posted by B4EQWASCOOL [You must be logged in to view images. Log in or Register.]
The opportunity cost is what the wealthy person could do with their time by paying a higher price. Nice try? No. You failed and are dumb.

I really do suggest you Google the term next time.
The opportunity cost is the value of the best alternative. The alternative to buying from a reseller is sitting in the tunnel and auctioning. In other words, the opportunity cost refers to the fact that our circlet-crazed SK/Necro is probably willing to acquire it in multiple ways, but can only pick one as they only need one.

From glorious wikipedia:

Quote:
Say you have a free ticket to a concert by Band X. The ticket has no resale value. On the night of the concert your next-best alternative entertainment is a performance by Band Y for which the tickets cost $40. You like Band Y and would usually be willing to pay $50 for a ticket to see them. What is the opportunity cost of using your free ticket and seeing Band X instead of Band Y?
Quote:
The benefit you forgo (that is, the value to you) is $10: the $50 benefit of seeing Band Y less the ticket cost of $40.
Also, I 100% agree with Octavian. Not much point to having millions of platinum if you are hated by the whole server.
  #3  
Old 07-02-2018, 06:31 PM
Vivicide Vivicide is offline
Scrawny Gnoll


Join Date: Apr 2015
Posts: 26
Default

Some of us dont ever leave the tunnel.
  #4  
Old 07-02-2018, 10:04 PM
Vivicide Vivicide is offline
Scrawny Gnoll


Join Date: Apr 2015
Posts: 26
Default

Why do convenience stores sell items for more than they cost in a grocery store?
  #5  
Old 07-03-2018, 12:41 AM
Legidias Legidias is offline
Planar Protector


Join Date: Nov 2014
Posts: 1,681
Default

You're playing p99. "Opportunity cost" is already out the window
  #6  
Old 07-03-2018, 03:24 AM
B4EQWASCOOL B4EQWASCOOL is offline
Fire Giant

B4EQWASCOOL's Avatar

Join Date: Apr 2015
Posts: 869
Default

Quote:
Originally Posted by Legidias [You must be logged in to view images. Log in or Register.]
You're playing p99. "Opportunity cost" is already out the window
tRUth
  #7  
Old 07-03-2018, 04:51 AM
allpro allpro is offline
Orc


Join Date: Mar 2018
Posts: 40
Default

Quote:
Originally Posted by B4EQWASCOOL [You must be logged in to view images. Log in or Register.]
tRUth
says the guy that lives on p99 ;D
  #8  
Old 07-03-2018, 04:53 AM
allpro allpro is offline
Orc


Join Date: Mar 2018
Posts: 40
Default

Quote:
Originally Posted by Legidias [You must be logged in to view images. Log in or Register.]
You're playing p99. "Opportunity cost" is already out the window
"sunk cost" seems more appropriate
  #9  
Old 07-04-2018, 03:27 AM
B4EQWASCOOL B4EQWASCOOL is offline
Fire Giant

B4EQWASCOOL's Avatar

Join Date: Apr 2015
Posts: 869
Default

pity bump
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 04:59 AM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.