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In most markets, profit is not elastic, costs are. Meaning that sooner or later the savings will get to the end customer. Don’t believe me? See what changed du
by flyinglizard 5y ago
In most markets, profit is not elastic, costs are. Meaning that sooner or later the savings will get to the end customer.
Don’t believe me? See what changed during the last two decades of globalization, product cost and availability or profit margins.