Off-Topic: Someone cooked the books
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Name:
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GoneFishin
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Subject:
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Someone cooked the books
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Date:
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2/3/2024 6:27:16 PM
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Prices remain high because you and I continue to buy the products. Manufacturers realize that the new price point increases profit, stock prices, and bonuses. This is a market driven economy and they can raise prices until sales fall and profits decline....elasticity of demand. I am convinced if there was a nationwide boycott of a product, the price for that product would quickly fall.
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