Originally Posted by Pony Boy
You do realize there are those that teach econ 101 and there are those that do it in the real word. For 30 years I’ve known exactly what my “cost of sale “on any and all products and services I offer to my customers. I also know exactly what percent of profit I need to keep my business running at an optimum level and year after year I prosper when others in my field fall by the wayside.
FYI there is members of the Mane that have used my business so your claim of BS is completely false. Raise the minimum wage or my taxes and I will still be in business and continue to pass the increase on to the consumer.
I guarantee Houghtam’s boss knows exactly what the “cost of sale” on a box of popcorn is and what profit margin he needs to maintain to cover Houghtam’s minimum wage.
Even with a clear explanation, you just double down on your idiocy. % of profit (what you're calling it now) is NOT the same thing as profit margin. I won't even to try to explain why. I won't even fathom to guess what's going on in your head when you try to use terms you clearly have no grasp on.
Like I said, don't try to lecture me about sh*t you clearly don't understand. \
And don't make up bullsh*t lies like being able to maintain a constant profit margin over 30 years while dealing with changing costs and economic changes.
Here's Apple's -- a company making money hand over fist -- profit margins over the last 5 years.
Of course, as we've already established you don't even understand the term, so perhaps you aren't actually lying.