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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (206486)10/14/2004 12:57:49 PM
From: Joe NYC  Read Replies (2) of 1574483
 
Ted,

Why do you assume they only create $5 of economic value? Again, a negative assumption.

Becasue that's what market is willing to pay. A reality, rather than a negative assumption. If you raise price, the market will buy less, losing jobs that way, causing inflation, and reducing the GNP.

Joe
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