Quote from: Maxhamer on March 07, 2010, 01:32:54 AMQuote from: TheDeepFriedBoot on March 05, 2010, 09:23:27 AMQuote from: jus91 on March 03, 2010, 11:24:13 PMTHANKS! alot guys!Mwhahahahahahaha GAS! gas for the FAF!I think you need to take a course in economics and cover the laws of supply/demand. If you set the price to $25 your QD(quantity demanded) will drop sharply. You need to use the laws of supply/demand and find the market equilibrium. Please be aware that you want to maximize profit, not price. Price does not equal profit since you also need to factor in the units sold. Please be aware that profit=Total Revenue-Costs. Your Total Revenue is Units*Price. By maximizing the TR and controlling costs, you are able to maximize profit. You dont want to get stuck in a situation where you cannot even cover your fixed costs (rent, equipment, ect) based on poor TR. But you are not taking into consideration that gas is a product with inelastic demand, if he were to set the price very high, many people would still purchase gas due to the lack of alternatives. Sounds like YOU need to take a course in economics.The issue is, we are not looking at a market shift in price of fuel, we are looking at a shift in a single, yet monopolistic, supplier. While these stations do have market control, the backend supply of fuel from other sources is still relatively cheap. Therefore, the supply is still semi-elastic. While we might have an increase in price overall to account for other methods of bringing in the outside fuel, it will still cost a lot less than $25 a gallon. Personally, all I see from the price raise is just more organized crime groups taking over. The mafia and other groups will set up private fuel clubs and will import their own fuel. While this is not illegal, they are the ones who have the organization and network to handle something like this. Unlike some people here, these groups most likely understand supply/demand and given that multiple gray channels such as these will open, they will compete for the best price and therefore bring a relative equilibrium to the market, abet a little pricier since they need to make a profit as well. Finally, the major problem to this fuel price spike, government regulation. Fuel is a necessary resource in the economy of San Andreas. Without it, cities like Los Santos would grind to a halt and the economy would flounder. The local government will work to prevent such an outcome and will recognize the monopolistic and greedy behavior that led to this crisis. By imposing price ceilings and opening hearings into the monopoly of Xoomer fuel, they will work to kick Xoomer off its ledge of total control and split them into several separate companies to bring competition back into the market. There is no realistic way that Xoomer can take up a position of outright greed in the market place. Given how they have a market monopoly already, they need to realize that reasonable pricing is the only way to keep its control of the market and avoid governmental probes.
Quote from: TheDeepFriedBoot on March 05, 2010, 09:23:27 AMQuote from: jus91 on March 03, 2010, 11:24:13 PMTHANKS! alot guys!Mwhahahahahahaha GAS! gas for the FAF!I think you need to take a course in economics and cover the laws of supply/demand. If you set the price to $25 your QD(quantity demanded) will drop sharply. You need to use the laws of supply/demand and find the market equilibrium. Please be aware that you want to maximize profit, not price. Price does not equal profit since you also need to factor in the units sold. Please be aware that profit=Total Revenue-Costs. Your Total Revenue is Units*Price. By maximizing the TR and controlling costs, you are able to maximize profit. You dont want to get stuck in a situation where you cannot even cover your fixed costs (rent, equipment, ect) based on poor TR. But you are not taking into consideration that gas is a product with inelastic demand, if he were to set the price very high, many people would still purchase gas due to the lack of alternatives. Sounds like YOU need to take a course in economics.
Quote from: jus91 on March 03, 2010, 11:24:13 PMTHANKS! alot guys!Mwhahahahahahaha GAS! gas for the FAF!I think you need to take a course in economics and cover the laws of supply/demand. If you set the price to $25 your QD(quantity demanded) will drop sharply. You need to use the laws of supply/demand and find the market equilibrium. Please be aware that you want to maximize profit, not price. Price does not equal profit since you also need to factor in the units sold. Please be aware that profit=Total Revenue-Costs. Your Total Revenue is Units*Price. By maximizing the TR and controlling costs, you are able to maximize profit. You dont want to get stuck in a situation where you cannot even cover your fixed costs (rent, equipment, ect) based on poor TR.
THANKS! alot guys!Mwhahahahahahaha GAS! gas for the FAF!
Quote from: TheDeepFriedBoot on March 07, 2010, 09:31:12 AMQuote from: Maxhamer on March 07, 2010, 01:32:54 AMQuote from: TheDeepFriedBoot on March 05, 2010, 09:23:27 AMQuote from: jus91 on March 03, 2010, 11:24:13 PMTHANKS! alot guys!Mwhahahahahahaha GAS! gas for the FAF!I think you need to take a course in economics and cover the laws of supply/demand. If you set the price to $25 your QD(quantity demanded) will drop sharply. You need to use the laws of supply/demand and find the market equilibrium. Please be aware that you want to maximize profit, not price. Price does not equal profit since you also need to factor in the units sold. Please be aware that profit=Total Revenue-Costs. Your Total Revenue is Units*Price. By maximizing the TR and controlling costs, you are able to maximize profit. You dont want to get stuck in a situation where you cannot even cover your fixed costs (rent, equipment, ect) based on poor TR. But you are not taking into consideration that gas is a product with inelastic demand, if he were to set the price very high, many people would still purchase gas due to the lack of alternatives. Sounds like YOU need to take a course in economics.The issue is, we are not looking at a market shift in price of fuel, we are looking at a shift in a single, yet monopolistic, supplier. While these stations do have market control, the backend supply of fuel from other sources is still relatively cheap. Therefore, the supply is still semi-elastic. While we might have an increase in price overall to account for other methods of bringing in the outside fuel, it will still cost a lot less than $25 a gallon. Personally, all I see from the price raise is just more organized crime groups taking over. The mafia and other groups will set up private fuel clubs and will import their own fuel. While this is not illegal, they are the ones who have the organization and network to handle something like this. Unlike some people here, these groups most likely understand supply/demand and given that multiple gray channels such as these will open, they will compete for the best price and therefore bring a relative equilibrium to the market, abet a little pricier since they need to make a profit as well. Finally, the major problem to this fuel price spike, government regulation. Fuel is a necessary resource in the economy of San Andreas. Without it, cities like Los Santos would grind to a halt and the economy would flounder. The local government will work to prevent such an outcome and will recognize the monopolistic and greedy behavior that led to this crisis. By imposing price ceilings and opening hearings into the monopoly of Xoomer fuel, they will work to kick Xoomer off its ledge of total control and split them into several separate companies to bring competition back into the market. There is no realistic way that Xoomer can take up a position of outright greed in the market place. Given how they have a market monopoly already, they need to realize that reasonable pricing is the only way to keep its control of the market and avoid governmental probes. Under normal circumstances, I would be forced to agree with Boot's explanations of supply, demand, and the infrastructure necessary to meet the challenge. But there is one important factor you've yet to give thought to.Bravo351.Supply and demand does not exist in our version of San Andreas unless I install it. You want a fuel system that forces players to refuel? Cool, but what's to stop these players from spawning a new car with a full tank of gas, thus subverting your stranglehold over them? And once you solve that, what makes you think I, or any other Head Admin, would allow one entity to control it all?Just like in real life, where Bill Gates got assraped by the SEC for running the IT board with the Microsoft/MSN powerhouse, there will be a division of assets and holdings. Xoomer (and owner thereof) will not choke our players out of a good time... not as long as I retain power here.
I like it, but how do we implement the system when a player can simply spawn a new car when they run out of fuel?
(Image removed from quote.)
Quote from: SenileFender on March 08, 2010, 01:48:21 PM(Image removed from quote.)Agreed.
Yea. So true. but i also like the idea of the cars running out of fuel. (maybe that will help law enforcement) but not on aircraft. That would be like... BAD! So yes. I agree with the gas thing. But im still getting a nose bleed out of reading it... but not so much. Thanx bravo for a simplified version.
Ouch... What was that for?*jus rubs his nose and thinks its broken... and wipes his nose from the blood.*
I can the 15 ?
Requesting 2 :3