FlyerTalk Forums - View Single Post - Manager refuses to honor pricing given by employee - what to do?
Old Jul 5, 2013 | 3:43 pm
  #15  
amanuensis
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Originally Posted by whimike
I am with JDiver on this, I would be elated with the $100's of daily benefit I got from the upgrade and not get so stuck on $50, especially after I agreed to the $50.
How do you figure that getting a suite upgrade is worth hundreds of dollars? Sure, that is what a suite costs, BUT you only get hundreds of dollars of benefits if you were actually planning on paying for a suite, were it not for getting the free upgrade.

It is a basic rule of economics that something is worth only what someone is willing to pay for it. If I am traveling alone and will not be conducting business meetings in my room then a suite is worth nothing more to me than a hotel's standard king-bedded room, because I am not willing to pay any additional price for it. In the situation I described, the suite has no marginal utility.
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