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2018-07-18 17:59
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RE: The Free, the Command, and the Mixed Market Economy (Which Market Economy would you prefer to do business and live in)
For people from countries like Belarus, China, Cuba, Iran, Libya, North Korea and a few other countries, having a command market economy is better as they enjoy the advantages of having a command market.
RE: Low prices and Sales Volume, High prices and Profit Margin; Which Business Concept is better for Business?
Yeah, you are correct, but I think it has to do with individual difference. While we have people who will never purchase expensive items, we also have others who will never purchase cheap items.