lol exactly. If costs actually determined prices then they would price stuff at replacement cost, which is supposedly higher and is known. They wouldn’t wait to move prices until the higher cost stuf… (View Post)
Based on an elasticity data driven decision. A good example proving the point that companies would not wait for higher COGS to raise prices if they thought they could get away with it. (View Post)
For those wondering why Obama’s real economy never got off the ground. This is how they recapitalized the banks without calling it a bailout. (View Post)