alt Hacker NewsExcept of course it relates. All else being equal, we will prefer $X COGS over $2X COGS because that helps us with both profit margins and price competition.
Except of course it relates. All else being equal, we will prefer $X COGS over $2X COGS because that helps us with both profit margins and price competition.
It relates in the sense there's a minimum cost of production without losses, not the actual price people are willing to pay.