3 days of sitting with my friends sounds boring. We wouldn't be doing nothing but sitting in front of a store and talking about nothing for 3 days. Nah
no one works 24 hours a day true but he is camping for profit so every hour is working his statement is valid!
If he worked a regular 8 hour shift at let's say 13-14 an hour he would only make 312-336 respectively! Before taxes!
Damn near what he could get for resell
But he's not he's out there 24 hours so at that point he's losing money he could be other wise making working!
I 10 hours a day and would have lost money camping 3 days.
Def need to google "opportunity cost" in fact that needs to be tread on that alone.....
to some camping for flipping ain't worth it at all. Now couple of clicks and shoes in a cart diffrent story.
Then again you must not be that old based on ur response
Your first claim about it being boring applies to you and anyone else who feels similarly, not the whole world. Not everyone would be "talking about nothing" for however long one chooses to camp.
Yes camping for 24 hours to make money is working and technically valid, but it's not like some binary expression where it's either working (1) or not working (0). You forgot to account for the key factors that is ultimately the determinant of it's worth. (Effort needed, mental strain, etc.)
The whole analogy about working more to make more money than resale profit is stupid to say the least. You're trying to say that working is more profitable because one can just simply work more; even more than the typical 8-9 hours full-time. If you don't realize how dumb of a comment you made yet, I genuinely feel like I wasted my time trying to explain everything. Here's a hint: boredom, exhaustion, etc.
I don't doubt your understanding of opportunity costs, but what I do doubt is your ability to comprehend ideas and see the bigger picture. Your example is that he could be working to make more money, thus being the better alternative. But what you fail to realize is that camping isn't an idle activity like working. You have the opportunity to make the most of your time. Increasing your knowledge by reading, researching business ideas, learning how to code, etc. You're able to increase your overall worth while making money waiting in line, which is a rare and extremely profitable opportunity in terms of ones long-term investement.
Also, if you use your damn head, you might realize that some people would RATHER camp out, play on their devices, hang out with friends, read a book, learn something new THAN work some minimum wage job where you have to abide by companies rules and deal with customers (on the assumption that it's a retail/food industry job for $13-$14). It's simple: Would you rather work or ideally relax for the same amount of money? If you don't yet understand what I'm saying, people have DIFFERING opinions.
It's all subjective when it comes down to what someone would rather do, but claiming working to be the most profitable is completely absurd. So why dont you instead of asking me to google what opportunity costs mean, try broadening your mind to not think so singularly.
