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Please see the link I attached in my first post. Again, what I'm saying is pretty basic well accepted economics. Think about it in the extreme. Suppose the cos
by bko 5y ago
Please see the link I attached in my first post. Again, what I'm saying is pretty basic well accepted economics.
Think about it in the extreme. Suppose the cost to produce the product goes up above the current price. Obviously the price will have to go up.
Or imagine the cost goes to nothing. Then depending on the elasticity of demand, you might make more money selling more for a lower price.
Stop trying to reinvent economics.
http://www.sanandres.esc.edu.ar/secondary/economics%20packs/microeconomics/page_122.htm http://www.sanandres.esc.edu.ar/secondary/economics%20packs/...