Is it possible to gain more revenue by charging lower prices? It is if you understand economies

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Is it possible to gain more revenue by charging lower prices? It is if you understand economies of scale. The so called "Big Box" stores do this by selling vastly higher quantities of products than smaller "Mom and Pop" enterprises. For example, a "Big Box" store may only earn a single penny per can of red beans; however, if they sell a million cans of red beans a day across the chain of stores, that's $300,000 a month in gross profits . . . and that's just for red beans!
Write a couple of paragraphs on how the same economies of scale that work domestically also work internationally.
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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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