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To: Perspective who wrote (106547)1/15/2010 5:57:24 PM
From: John McCarthy  Respond to of 116555
 
bob

If there is truly a competitive marketplace, then pricing always converges toward costs. It's only when there are monopolies that pricing becomes "value-based".

Bingo - nice insight.

Gonna remember that.

regards
John



To: Perspective who wrote (106547)1/15/2010 11:46:36 PM
From: bacchus_ii  Read Replies (1) | Respond to of 116555
 
Specially disgusted in present Haiti time. I just learned that credit card extort charity donation $200M yearly.