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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (206491)10/14/2004 2:41:32 PM
From: SilentZ   of 1574502
 
>If you raise price, the market will buy less, losing jobs that way, causing inflation, and reducing the GNP.

That assumes that the demand for all products and services have a very high price elasticity. That isn't the case, though.

-Z
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