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14 March, 09:07

Robert Lewis Stevenson's story, Imp in the Bottle, features a fabulous bottle whose owner will be granted any wish by the imp who lives within the bottle. The problem is that anyone who buys the bottle must sell it at a lower price or else suffer eternity in hell. [If you do not believe in hell, assume that you do for the purposes of this question.] Assuming the smallest possible unit of currency is one cent, would you buy the bottle if it were offered to you for $1,000? Explain your reasoning.

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  1. 14 March, 11:39
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    Yes.

    Explanation:

    I would buy the bottle as anything can be asked for from the bottle and it will come true. Hence once the bottle is bought anything can be wished for and then the bottle can be sold off at a lower price than $1000.
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