Quote:
Originally Posted by Joecooool
Are you so simple minded as to not understand the 14 cents makes up the difference?
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So I guess the answer is yes. You actually are simple minded enough to think that you can dumb down complex economics to the level of crayons and construction paper.
I have a very simple question.
Seeing as it is a reasonable statement to say that Papa John's was already doing everything possible to maximize profit, why were they not already charging $.14 more?
You don't just raise prices $.14 and multiply it out. Despite your best efforts to use kindergarten math, it is not that simple. The complexities of marketing and sales are far and above what you seem to make of them. When you raise the price, you lose market share. It is the most basic marketing principle possible. How is it possible for someone in sales not to comprehend that?
By your way of thinking, they could raise the prices another $.50 and make an easy $20 million more profit. Too bad they didn't have someone as smart as you letting them know it was that easy.