When consumer prices tripled, sales didn’t go down anywhere near the 2/3 where they’d only break even. Instead, sales only dropped 15-20%, so they got massive profit & revenue increases while providing less.
To the manufacturers, that’s their signal that this is simply the new price.
I hate it, but it’s true.
When consumer prices tripled, sales didn’t go down anywhere near the 2/3 where they’d only break even. Instead, sales only dropped 15-20%, so they got massive profit & revenue increases while providing less.
To the manufacturers, that’s their signal that this is simply the new price.