Re:Court issues permanent injunction in Epic vs. Apple case
by mrtksn on Friday September 10, 2021 @05:54PM
(#28487324)
Right, companies have fixed profit rate and they lower the price when the costs go down. Got it, thanks. Great business tip!
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Re:Court issues permanent injunction in Epic vs. Apple case
by Dylan16807 on Friday September 10, 2021 @08:36PM
(#28488393)
When costs go down, and profit margin increases, the price point where a company can achieve maximum profit also goes down. This doesn't require altruism or stunts or a fixed profit rate.