If we look at economics... The revenue function is
Revenue = price x quantity
it is said that in order to increase the revenue, one should increase the sales volume...
hence when price is multiplied with increased quantity, it increases the total revenue too...
Similarly, prices can be raised while maintaining the similar level of quality.. this will increase the revenue too.
However, the basic law of demand... as soon as the price drops, quantity would increase...
So see the confusion now.. over the years price has increased but quantity too..
The prices due to inflationary pressure.. and quanity due to more consumption by more population....
Thus, the companies making profit are actually making the most of the rising population
population barhegi to obvysly sales volume bhi..
And they say that they are actually achievin growth in terms of their product excellence :D
decline in buying power means no purchases
no purchases mean no sales
no sales mean no growth
nw remember
if a=b
b=c
c=d
then a=d
it means that when the buyer power has decreased then how come v r achieving the growth?????
