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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (494815)7/13/2009 3:37:05 PM
From: i-node  Read Replies (1) of 1573485
 
>> he looks at gross profit and net profit.

Wrong, dunderhead.

You look at the marginal cost hiring an additional employee and weight that against the net marginal revenue he can produce. Net profit has nothing, whatsoever to do with it, and gross profit is at best a redundant consideration.
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