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To: thackney

You have to be careful when playing the “up x% or down x%” game.

Example: I have a widget priced at $1. I raise the price 50%. It is now $1.50. Then I lower the price 33%. It is $1.00 again. But it went up 50% and down only 33%.


19 posted on 11/07/2007 10:41:00 AM PST by Yo-Yo (USAF, TAC, 12th AF, 366 TFW, 366 MG, 366 CRS, Mtn Home AFB, 1978-81)
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To: Yo-Yo

The cheapest gas in my area is $2.95/gal.


21 posted on 11/07/2007 10:44:27 AM PST by secret garden (Dubiety reigns here)
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To: Yo-Yo

But both are rising. Both measurements are starting from the previous value, not the new increased value. It is a valid comparison.


26 posted on 11/07/2007 10:47:46 AM PST by thackney (life is fragile, handle with prayer)
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