Jan 20, 2015
10:35:22am
10:35:22am
Actually I see it a little different than that - although I do agree with you on
the other points you make on this thread.
I have no idea what his costs are, but say for the meal it is $4. He sells it for $5, he only makes $1. He sells it for $10, he not only doubles his profit, but multiplies it by 6. So, he would only need 166 customers instead of 500.
I have no idea what his costs are, but say for the meal it is $4. He sells it for $5, he only makes $1. He sells it for $10, he not only doubles his profit, but multiplies it by 6. So, he would only need 166 customers instead of 500.
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