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3
Posted on 1/16/17 at 2:52 pm to tgrbaitn08
quote:
people are dumb......he didnt lose $70...no one goes into business to break even
The cost of the groceries was sunk cost. He lost the $70 he would have made selling it to someone who wasn't paying him with his own money minus the percentage he normally loses due to spoiling or theft.
This post was edited on 1/16/17 at 2:53 pm
Posted on 1/16/17 at 2:56 pm to tgrbaitn08
quote:
.he didnt lose $70
yes he did.
if any one other than the thief bought those groceries, he would get the cost PLUS the markup, which totals $70.
but instead he got $0 because it was already his money.
Posted on 1/16/17 at 3:00 pm to tgrbaitn08
quote:
people are dumb......he didnt lose $70...no one goes into business to break even
But you can look at it as him losing the amount that he would have otherwise made off of those groceries.
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