Submitted by hieronymusanonymous t3_yhz0jo in worldnews
Figuurzager t1_iuh5sx9 wrote
Reply to comment by hieronymusanonymous in Tobacco giants help fund Putin’s war machine with £7bn in taxes by hieronymusanonymous
Ehm, no, depends on the price elasticity of demand. If you hit the cliff where demand drops of sharply and you still make a nice profit it won't be smart raising the price as you'll will be making a lot less money.
Hypotheticall t1_iuhsdwy wrote
They're talking about import duties - due on arrival into country of destination - payable by originator.
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