Quote:
Originally Posted by ibeam81
Basically they can either sell more units at a lower price or fewer units at a higher price to generate the same overall profit.
|
I really dont like that statement and I cant quite put my finger on what is particularly bothering me...
Ah ha! This statement is correct with regards to revenue, not to profit (even then, your statement does not always apply as certain products). Because of diminishing returns and the cost of each vehicle, profit is not going to be approximately the same at either point.