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To: econjack
Increasing market share in a declining market may not be a viable strategy if making more money were the goal. I don't think it is. I think there are political forces at work here more than economic ones...

Margin X volume=profit

38 posted on 01/15/2015 7:54:22 AM PST by gogeo (If you are Tea Party, the eGOP does not want you.)
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To: gogeo
Margin X volume=profit

This assumes Margins is constant. Usually, margins are compressed when prices are falling.

39 posted on 01/15/2015 8:02:45 AM PST by econjack (I'm not bossy...I just know what you should be doing.)
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To: gogeo

Profit = sales - expense

sales is a function of volume


40 posted on 01/15/2015 8:10:08 AM PST by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
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