At the state fair
Consumer: “La la la, I’ll ride this ride, oh look, scones, la la la, aw man, there’s a line, I hate lines, I’ll go over to this thing instead, la la la”
Producer: “Hmm, the fair runs here for an entire month, an empty lot near the fair sells parking spaces for $15 and I see this empty lot here on Zillow is selling for $50,000. It could fit about 40 cars on it, with cars coming in and out I bet I could sell 60 spots each day so 27k income over the month just from the parking”
“Scones for $4.50 each? Looks like they sell one every single minute. They must sell 2k a day and I’m sure they don’t cost more than .50 each in COGS. They must clear $8k a day I wonder how much a spot here costs.”
Consumer: “La la la, I’ll ride this ride, oh look, scones, la la la, aw man, there’s a line, I hate lines, I’ll go over to this thing instead, la la la”
Producer: “Hmm, the fair runs here for an entire month, an empty lot near the fair sells parking spaces for $15 and I see this empty lot here on Zillow is selling for $50,000. It could fit about 40 cars on it, with cars coming in and out I bet I could sell 60 spots each day so 27k income over the month just from the parking”
“Scones for $4.50 each? Looks like they sell one every single minute. They must sell 2k a day and I’m sure they don’t cost more than .50 each in COGS. They must clear $8k a day I wonder how much a spot here costs.”