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Subject: 
Re: e-commerce (was Technic shuttle etc)
Newsgroups: 
lugnet.off-topic.debate
Date: 
Thu, 9 Dec 1999 20:46:06 GMT
Viewed: 
1790 times
  
Richard Franks <spontificus@__nospam__yahoo.com> wrote in message
news:FMCELH.J2s@lugnet.com...
In lugnet.off-topic.debate, Larry Pieniazek writes:
Jasper Janssen wrote:
No, no, no. Your need for 20 isn't less valid than someone else's need
for 1. But 20 persons needing one getting satisfied _does_ make for a
larger overall level of happiness.

How so? I am more than 20 times increased in happiness than the average
increase in happiness of those 20 other fellas... so the larger overall
level of happiness is on my side...

:-)

Ah, but the law of diminishing returns states.... :) :)


By the way, it's the law of diminishing _marginal_ returns, and all it states
is that at _some_ point, additional units of a good will provide less
additional satisfaction than previous units.  Quite often diminishing
marginal returns do not set in after the first unit, in fact marginal
satisfaction often increases for a number of units.

Take M&Ms, for instance.  One of the little suckers just whets your appetite.
It takes at least a small handful before they are even worth the trouble.

After watching Larry faun over his trains, I feel confident that he would
enjoy 20 hoppers _at least_ 20 times the average of 20 separate people given
hoppers.

-John Van



Message has 1 Reply:
  Re: e-commerce (was Technic shuttle etc)
 
(...) I stand corrected! :) (...) True, but I'd compare 1 LEGO set to 1 packet of M&Ms, as opposed to 1 LEGO set to 1 M&M. In general of course, I'm not into trains so if I was maybe my perception would be different. Although, if LEGO Direct helps (...) (25 years ago, 10-Dec-99, to lugnet.off-topic.debate)

Message is in Reply To:
  Re: e-commerce (was Technic shuttle etc)
 
(...) Ah, but the law of diminishing returns states.... :) :) Richard (25 years ago, 6-Dec-99, to lugnet.off-topic.debate)

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