In an exchange economy, where goods or services are well-made and exchanged for one another’s needs in the market, rather than through barter, ‘price’ holds significant importance. The key to business success lies in understanding the prime cost and establishing a ‘price’ based on that cost. If sales surge when a product that typically does not sell well is offered at a very low price, there must be a reason for the low price, as well as an explanation for why it does not sell at a higher price. The price results from the interaction of producers, consumers, and all other market variables. To identify the causes of problems in your business, you must first examine the price adequacy of the product or service you are selling. Price is not merely a number. - Joseph’s “just my thoughts”
Even if I have too many human relationships, many of them are not directly connected to me. Therefore, many people believe that they only need a few good companions by their side. In other words, human relationships also involve probability. This thought presents a problem, too, because the choice of who qualifies as “good people” and the ability to strengthen those relationships isn’t entirely in my hands. Most of the time, the reason I can’t escape all the conflicts and hardships is that I can’t take control of my life independently. Thus, we are very fragile creatures. - Joseph’s “just my thoughts”