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To: Your Nightmare
So what happens to a business that reduces their price "until they can't reduce it anymore" and still nobody is buying?

They go out of business. Like the many US manufacturers that have left the US because of the high embedded tax costs - they go to a country that has less tax costs in prices - because they can't compete against business that has such a lower tax cost component in prices. HELLO?!

732 posted on 11/15/2005 12:25:45 PM PST by Principled
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To: Principled
They go out of business. Like the many US manufacturers that have left the US because of the high embedded tax costs - they go to a country that has less tax costs in prices - because they can't compete against business that has such a lower tax cost component in prices. HELLO?!
So can a business determine what price they get for a product or not? One minute you're saying "You simply increase the price, if possible, to cover anticipated expenses". The next you are saying that expenses could exceed sales revenue as if the business can't "simply increase the price." Make up your mind. How is the price set?
733 posted on 11/15/2005 12:34:15 PM PST by Your Nightmare
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