Mom, can I have the bag of rubber bands? Iggy asked.
The Hmmmschoolers are always building things. But the plans are generally secret.
Sure, I said. What are you making today?
You'll see...came the answer.
Ah. I think I know...
Why, yes. Of course. A weapon. :)
One was not enough. In fact, Iggy was so enthralled with his bow and arrow design that he made several of them, named them all, and then tried to sell them to his brother.
After I found out he'd actually made three bucks off his brother, I asked him if he planned to pay for the rubber binders I'd let him take.
Huh? he said.
Well, you have to pay for the materials you use when you're making a product, I explained. And then you have to figure that into your price so you still make a profit.
Oh, he said.
And, I reminded him, I thought I saw your brother helping you tie the rubber binders on a few of the bows you made. So I think you should pay him a liveable wage for helping you.
Hmmm, he said. He was really stuck on what to do. But after some thought, he figured it out.
I guess I'm going to have to raise my prices.
Yep. He's a business man. :)