Also, international competition makes pricing more difficult.

On Tue, Sep 27, 2005 at 02:55:35PM -0400, Doug Henwood wrote:
>
> They contributed, but labor was much stronger then and could demand
> wage increases, which were passed through as price increases. Now
> labor is still on its back and it's hard to make price increases
> stick.

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu

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