iessence

iessence


Here to share fun substances with the world :)

— iessence Report User
It's the Russians 17 comments
iessence · 1 year ago
Man, this makes me angry. As a Chinese, if I see any of y'all eating rice, I'll go kungfu on that ass.
5
What are your thoughts?? 25 comments
iessence · 2 years ago
3. Branding: chances are you're buying from a branded store (unbranded shorts are actually very cheap). And you buy from them because you trust them and like them. You wouldn't mind paying the premium to have a good pair of shorts you like.
4. Pants and shorts are replaceable with each other. If you don't wear shorts you wear pants etc. So no loss for the business if they're priced the same.
· Edited 2 years ago
What are your thoughts?? 25 comments
iessence · 2 years ago
I'm not an economist so pardon my lack of knowledge. From what I understand about the supply and demand model, in a free market the supply and demand will reach an equilibrium i.e. price will be very close to cost. Unless there is monopoly, price jacking, government policies etc. As far as I know, the shorts industry and the pants industry operate in the same economic environment. So cheap labor is available to both shorts and pants industries.
Personally, I think that the supply and demand model doesn't explain this phenomenon well. It's better explained with customer behavior.
1. Price sensitivity: when you're already paying $50 for something an extra $5 wouldn't make you stop wearing shorts so most people just buy it.
2. Convenience: if you're already buying a bunch of clothes, you wouldn't bother to travel to another shop just to save $5 on a pair of shorts.
(continue...)
What are your thoughts?? 25 comments
iessence · 2 years ago
More specifically, the cost of shorts is same as the cost of pants, therefore their price are the same.
Money can buy anyting 14 comments
iessence · 2 years ago
A well fitted t-shirt and well-done hair. If you were poor you would be wear your sibling's clothes that would fit you for another 5 years. And your hair would look plain because who cares about looking good when you're poor.
GET IN YOUR DRESS TIMMY 30 comments
iessence · 2 years ago
Isn't that oppression?
13 · Edited 2 years ago
One reason not to use public bathrooms 8 comments
iessence · 3 years ago
Or the dead bodies
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Level Up 6 comments
iessence · 4 years ago
If you focus on practical skills it'll be more motivating because the results are usually tangible
Poor gall bladder part 2 6 comments
iessence · 6 years ago 17
Just a seal... 15 comments
iessence · 6 years ago
seal.zip
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Awesome trick 11 comments
iessence · 6 years ago
Whoa shit. How did he do that?!
Literally black guy 26 comments
iessence · 6 years ago
This isn't racist you dumbass
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A picture, more than a thousand words 13 comments
iessence · 6 years ago
I usually understand deep posts, but not this LOL
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Those damn flies 5 comments
iessence · 6 years ago
I always thought they were rubbing dirt off their hands
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I don't know why the internet hates vegans lol 8 comments
iessence · 6 years ago
If we get rid of vegans, there wouldn't be enough bacon for everyone. So I say we keep them.
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True panic 10 comments
iessence · 6 years ago
Just blame the dog
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Misunderstood 5 comments
iessence · 7 years ago
But I really c what he did there
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My 9 year old sister made this by melting plastic spoons 6 comments
iessence · 7 years ago
Awww so sweet
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Hope in generation restored 12 comments
iessence · 7 years ago
Good character, just no need to resort to violence.
· Edited 7 years ago