Dollars and Jens
Monday, May 24, 2004
Went shopping for an odd battery at Radio Shack this weekend. Is that the first place one thinks of for weird batteries? I was musing about this as I left; just as when I was ordering checks from Deluxe a few weeks ago, I thought, "I hope they're ripping me off, because to do otherwise would be a violation of their fiduciary duty to their shareholders."
That's a bit glib, but is the way I think. What I mean, of course, is "I hope they're getting a good mark-up on this." They have to pay the rent, and the way they do that is by charging a mark-up; the best place to get that is "wherever they can", viz. on those items on which they have the least competition.