RCU Forums - View Single Post - Do you consider checkbook modellers to be second class citizens?
Old 01-05-2004 | 09:16 PM
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David Cutler
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Default RE: Do you consider checkbook modellers to be second class citizens?

ORIGINAL: BasinBum

Hey David,
I just talked to my friend Milton Friedman and he said if demand goes up and supply stays the same the price will increase.
That's funny, the last time I spoke to me ol' mate Milton he said that this only happens if the company in question is cute enough to be able to change price, and, even if that's true, costs go down with higher volume, so that elusive profit margin naturally goes up thus reducing the pressure from those nasty finance people to have a price increase.

-David C.