A lesson in economics‏

[saddlebum]

Young Paddy, moved to Kent and bought a Donkey from a farmer for £100.00. The farmer agreed to deliver the Donkey the next day. The next day he drove up and said, 'Sorry son, but I have some bad news, the donkey died.'

 

Paddy replied, 'Well, then just give me my money back.'

 

The farmer said, 'Can't do that. I went and spent it already.'

 

Paddy said, 'Ok, then, just bring me the dead donkey.'

 

The farmer asked, 'What are ya gonna do with him?

 

Paddy said, 'I'm going to raffle him off.'

 

The farmer said, 'You can't raffle off a dead donkey!'

 

Paddy said, 'Sure I can. Watch me.. I just won't tell anybody he's dead.'

 

A month later, the farmer met up with Paddy and asked, 'What happened with that dead donkey?'

Paddy said, 'I raffled him off. I sold 500 tickets at two quid a piece and made a profit of £898.00.'

 

The farmer said, 'Didn't anyone complain?'

 

Paddy said, 'Just the guy who won. So I gave him his two quid back.'

 

Paddy now works for the British Government.

[Grandpagak]

:rotf::rotf::rotf::rotf::rotf::rotf: