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dsiddiqi11:

--- Quote from: diva_sparkles on May 16, 2010, 09:18:45 pm ---1 MORE THING
if 2 ppl hv same costs but 1 is sellin 8 higher costs thn other thn tht person will hv a higher profit margin
cos he has better control ovr costs but might hv lower profits as lower prices=higher profits. :)

--- End quote ---

he will have a higher profit margin, but the overall profits depend on price elasticity of demand. so the guys profit will increase per item sold cuz his selling price is higher

diva_sparkles:
hey how wz business?

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