Comment About Cost

Mr. Powers:

The snippet below is from your response to Martin Taylor.

[From Bill Powers (951218.1715 MST)]

Martin Taylor 951218 15:00 --

     >The cost function I envisage can be seen by analogy. To a person
    > with $2, the "cost" of a $1 item is greater than it is to a person
    > with $10.

If you ever go into business with someone, Martin, do NOT volunteer to
keep the books.

I'm not at all sure I get the point of your remark to Mr. Taylor about his
not keeping the books. Were you equating cost with price?

The favor of a reply is requested . . .

Fred Nickols
nickols@aol.com