Businesses are generally more competitive than people realize. The average person believes that corporate profits are typically in the 36% range, which is 5X hi

Businesses are generally more competitive than people realize. The average person believes that corporate profits are typically in the 36% range, which is 5X higher than what reality shows: http://www.aei.org/publication/the-public-thinks-the-average-company-makes-a-36-profit-margin-which-is-about-5x-too-high-part-ii/ http://www.aei.org/publication/the-public-thinks-the-average...