= 27d567bc2d48d9f40e9ccc20ea370b15)
you can trade money for goodness of instruction by e.g. hiring tutors
Only if you are wise enough to know that, and wise enough to tell a good tutor from a poor one
= b715d02e85f7b3b4ae65ca3d3e450868)
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= f037147d6e6c911a85753b9abdedda8d)
you can trade money for goodness of instruction by e.g. hiring tutors
Only if you are wise enough to know that, and wise enough to tell a good tutor from a poor one
Agreed - a better hypothetical might be "Suppose an antique dealer has a table which he knows he can sell for $50 to another buyer [...] The dealer should never sell for less than $50."
| The dealer should never sell for less than $50, and I should never buy for more than $400, but any value in between would benefit both of us. |
The range is not wrong from just the dealer's perspective. If the exact same table is on sale at the store next door for $10, then the buyer is still making a poor decision buying it for $50 with the first dealer. Of course, if we are talking that in this bargaining game, there is only one seller of tables in the world, and only one buyers, I guess this does not apply.
Of course, maybe the buyer would be better off rethinking how much he values the classiness a new table would bring to his dining room.