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No, because all of the people who were marginal customers will just forgo your product or service. You can pass on all of an increase in costs for goods with pr
by barry-cotter 7y ago
No, because all of the people who were marginal customers will just forgo your product or service. You can pass on all of an increase in costs for goods with price inelastic demand. If demand is elastic you either have to eat the margin or go out of business.