in a non monopolise market, u can either keep selling ur psp at
ur original selling price and hope no one import the psp at the
lower rate whom will most prob sell them at a much lower price.
which will most prob happen if there is a demand. And i am sure
there is that demand, else u wont b selling ps3 to begin with.
Hence u will have to lower ur selling price way below the cost
price just to cut ur losses.
As u would have realise that with the case of sg, itis a control
market where supplier aint punish for their
mis-prediction/calculation. The consumer is punish for their
mistake instead.
If cost price goes up... itis pass to the consumer to ensure
profit. But when cost goes down, price still stay high. Why? not a
true variant price peg is it?
All talk aside, 80% of the power is generated by natural gas. So
why peg it only to just petrol instead of gas? 21% of total
increase out of the original 20%(petrol) used in the power
generation = to atleast 100% increase of petrol price to
justify the 21% increment.
Unless u take into account the transportation, running of plant
cost inflation, wages, etc, factors which contribute to the
indirect increase, as a result of pertol increment, But still, this
are unseen variable cost that can only be truely understaood
better, if gov open up the market to let in more player.
hmm...gone are the state enterprise..
Drinking Earlgrey tea with nasi lemak
