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Consumers don't have infinite money and prices are adjusted for the sweet spot for profitability. This sweet spot may give a large gap for reducing the margins
by BiteCode_dev 3y ago
Consumers don't have infinite money and prices are adjusted for the sweet spot for profitability.
This sweet spot may give a large gap for reducing the margins, while the consumer budget may not allow for raising the prices.
All in all, companies will work hard to find a way to stay profitable, and your tax will benefit from that.