Re:The Ultimate Guide to Inflation
by alex_smart on Sunday May 09, 2021 @06:59PM
(#27100654)
It means that in your formula, the (units sold * price per unit) term dominates the profit formula. So, the price is mostly determined by the consumer's willing to pay.
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Re:The Ultimate Guide to Inflation
by throwawayboise on Monday May 10, 2021 @12:20AM
(#27102647)
And by your competitors willingness to take a lower per-unit profit in exchange for more sales.