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Tuesday, February 14, 2006

Supply and Demand

"I typed a form letter and mass mailed it to all the women I know describing in generic terms why they are my "one and only valentine" i.e. "that thing they do when they laugh" The ones who figure out my ploy will interest me, the ones who don't will be easy targets :P" - Lance

Supposedly, there is a shortage of flowers. Shortages are caused by prices set too low. Was this an information failure on the part of florists, underestimating demand?

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