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>> lowering prices so much that those goods are then sold If you lower prices so much then you may have to sell at a loss, and this is the reason smart busines
by petilon 9y ago
>> lowering prices so much that those goods are then sold
If you lower prices so much then you may have to sell at a loss, and this is the reason smart businesses won't increase supply unless they know demand exists. Demand has to exist first. Consumers aren't going to buy your mud-pies no matter how much you lower prices.