site Search:


 
    All Forums Hot Topics Gallery






how-to block ads


 
Search Topic:
Share Topic
Post a:
Post a:
AuthorAll Replies


AVD
Respice, Adspice, Prospice
Premium
join:2003-02-06
Onion, NJ
kudos:1

reply to fifty nine

Re: Covering cost vs profit

said by fifty nine:

I don't see how an item's or a service's actual cost reflects the market price though. With other goods and services thanks to cheap labor overseas they cost very little to make. Yet companies charge a significant sum for them.

Why is that? The answer is profit and shareholders. You can't really fault companies for wanting to make a profit and shareholders for wanting a decent return. It's not always about what's the consumer wants. If the price is too high for something I simply don't buy it. I'm sure if enough people did that the price of a product or service would adjust to where people would be comfortable buying it.

This only works in a competitive environment. Canadian UBB is about shutting down competition.
--
Standard disclaimers apply.
Atomic batteries to power. Turbines to speed.

Tuesday, 21-May 22:00:07 Terms of Use & Privacy | feedback | contact | Hosting by nac.net - DSL,Hosting & Co-lo
over 13.5 years online © 1999-2013 dslreports.com.
Most commented news this week
Hot Topics