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To: Las Vegas Ron

BS on your 31. Profits do come from increasing prices if you increase the prices more than needed to meet costs and production. That’s exactly what’s happening everytime there’s a situation I mentioned earlier. When you made record profits over the hardship of others and you’re running a monopoly on required commidities, you’re gouging plain and simple. There’s a worse word for it, but what’s the point.


35 posted on 07/31/2008 1:42:17 PM PDT by purpleraine
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To: purpleraine
Not worth the time, you're mind is made up. I can tell by your statements you have no econonmic savy for business. And that is not meant to be an insult in any way, honestly.

If you own and run a business, you obviously do not carry inventory or understand the economics of demand.

High prices in emergencies prevent shortages. "Gouging" (thats not to say tere are exceptions) is a favorite word for those who do not undersand demand economics.

36 posted on 07/31/2008 2:00:10 PM PDT by Las Vegas Ron (Election '08, the year McCain defined the word "dilemma")
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