Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Principled
I'm not sure what point you are trying to make, my statement was that if the most any input component of price was reduced was 9%, then the most the total cost could be reduced would be 9% (that would be in the case where all the cost of the good was in that single most reduced component).

If you are trying to prove that is false, knock yourself out. I'm heading out for a while, have fun...

121 posted on 05/27/2006 10:14:30 AM PDT by RobFromGa (The FairTax cult is like Scientology, but without the movie stars)
[ Post Reply | Private Reply | To 119 | View Replies ]


To: RobFromGa
...if the most any input component of price was reduced was 9%, then the most the total cost could be reduced would be 9%

This is demonstrably false. A simple excel spreadsheet can illustrate it.

123 posted on 05/27/2006 10:21:06 AM PDT by Principled
[ Post Reply | Private Reply | To 121 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson