Originally Posted by
seawolf
This thread clearly exposes which FT member has a business degree background and who does not. A for-profit corporation does not price directly on how much it cost to produce. A for-profit price on what the market is willing to pay. This is what is taught to a first year business degree undergrad.
Seawolf (and B-schools), meet Costco, one of the most successful US corporations. Heck throw Walmart in there too although they don’t work on quite the fixed markup that Costco does.