Quote of the day

Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain. – William Vickrey who was born on this day in 1914.

One Response to Quote of the day

  1. Roj Blake says:

    That was then. This is now. As a farmer, I thought you would be keenly aware of how the supermarket duopoly set the prices they will charge, and then force their suppliers to accept usuriasly low prices to meet the supermarket profit needs.

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