Heavy Lifting - thoughts and web finds by an economist
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Monday, May 16, 2005

How much are you willing to bid?

Two books, weighing more than 8 pounds, with U.S. currency in between each page?
Current bid on e-bay is US $12,778.28.

Quick - only 4 days left on e-bay

Let's see - a four pound book might have 1200 pages in it? Between every page is a U.S. currency, which ought to be a single dollar if the seller seeks to maximize profit. So, that puts each book at $1198 dollars x 2 = $2496 or something close to that.

How does the bid get to $12,778?

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