Thread: Interesting
View Single Post
Old 06-12-2008, 04:25 PM   #42
Joe
Registered User
iTrader: (0)
 
Joe's Avatar
 
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
You read, 4% profit and you think, "Well in comparison to other industries, that's really not a profitable business." But the math on that is tricky. You have to take into account the scale of the goods purchased and the amount people spend per year on the product, and the fact that people buy continually as prices rise.

Joe is offline