To: Dane
If you owned a business and were able to cut your labor costs by a factor of ten, would you pass the savings on to your customer?
To: Doohickey
You could but why wouldn't you just pocket the difference by slightly undercutting your competitor. Demand drives prices not cost of production.
To: Doohickey
If you owned a business and were able to cut your labor costs by a factor of ten, would you pass the savings on to your customer? I'd have to, especially in a competitive market based economy, like the US.
88 posted on
08/03/2003 9:13:16 AM PDT by
Dane
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