Trump`s top economic adviser on tariffs

[protectionist]

Dude, I doubt you know what goes on the X and Y axes of a supply/demand chart.

The X and Y of a price vs income chart is what I'm talking about. (and what you're running away from). So quit deflecting, and answer my question.

 

[protectionist]

I have been buying & selling guitars for over 40 years, and you wanna tell me how it's done?

LOFL ...............

Yeah. And I don't care WHAT you're selling. EVERY seller has a curve of prices vs income regarding his product > With a MARKET PRICE at the top of that bell-shaped curve. And if your price isn't at the top of that curve, then your losing money needlessly.

If your price is too low, you lose money per sale.

If your price is too high, you lose money by not getting the full number of sales you could be getting.