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Ah yes. Caveat Emptor. agreed. As JJ says "Discounted training is not a good value". I seem to be into this Latin thing lately. How's that air-motor of your dad's coming? OPEC is reaming us all. (Speaking of non-competitive environments) :-P At 09:20 AM 3/15/2000 -0600, you wrote: >Kevin, > >I feel I should respond since others may have taken my comments the same as >you. I certainly did not mean to imply that dive stores are immune to the >natural laws of supply and demand. > >My point is that many businesses, diving and not diving, have gone bankrupt >attempting to control markets unsuccessfully. Dive stores definitely are >subject to the laws of supply and demand. The problem is that there is demand >for substandard training and that is what is rewarded by the consumer. This >should be self evident because if there were not demand for substandard >training, there would be no substandard training. > >For free markets to work effectively the consumer needs to be informed. For >example, if you were offereed a bottle of Nitrogen for $1 to dive and a bottle >of air for $5 to dive, you would choose to spend more and take the >air(assuming your not going too deep). Why...because you have knowledge that >you will die if you dive pure nitrogen. A large part of our dilemma is that >the consumers are getting there information from strokes in the first place. > >BTW, John Gault is not my brother, he is my father. > > > > > >"Kevin Connell" <kevin@nw*.co*> wrote: >At 05:25 PM 3/14/2000 -0600, John Gault's Evil Twin Brother wrote: > > >As for unprofitability, the problem is that the general public(consumers) > >determine this to a great extent and there is definitely no controlling > >consumers. Many have gone bankrupt attempting this. > >Yes, the diving industry alone is the only place on the planet >where supply and demand don't determine price. The more likely >explanation is dive facilities go bankrupt because they don't understand >the basic rules of economics in a competitive environment. > > > > > >---------------------------------- > Kevin Connell <kevin@nw*.co*> > > NW Labor Systems, Inc > http://www.nwls.com > > Res tantum valet quantum vendi potest. > (A thing is only worth what someone else > is willing to pay for it) > >---------------------------------- > > >____________________________________________________________________ >Get your own FREE, personal Netscape WebMail account today at >http://webmail.netscape.com. ---------------------------------- Kevin Connell <kevin@nw*.co*> NW Labor Systems, Inc http://www.nwls.com Res tantum valet quantum vendi potest. (A thing is only worth what someone else is willing to pay for it) ---------------------------------- -- Send mail for the `techdiver' mailing list to `techdiver@aquanaut.com'. Send subscribe/unsubscribe requests to `techdiver-request@aquanaut.com'.
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