tag:blogger.com,1999:blog-26061284.post1501113858600344731..comments2024-03-14T02:18:47.610-05:00Comments on TheRightRant: Reader MailEdhttp://www.blogger.com/profile/01235046826421680852noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-26061284.post-85927137983005786222008-04-04T16:40:00.000-05:002008-04-04T16:40:00.000-05:00You are correct Robert. I screwed up the math....w...You are correct Robert. I screwed up the math....which explains how I ended up in the biological sciences and not engineering. I'll correct it as soon as I can and leave the correct example here in this thread.Edhttps://www.blogger.com/profile/01235046826421680852noreply@blogger.comtag:blogger.com,1999:blog-26061284.post-74275481193801779362008-04-04T14:26:00.000-05:002008-04-04T14:26:00.000-05:00Ed: Point #1: Gas selling at $5/gal w/ a $.50 prof...Ed: Point #1: Gas selling at $5/gal w/ a $.50 profit, it is 10%. If costs go up $1 then cost is $5.50/gal. If profits increase to $1 , with that change (and cost didn't rise, just selling price), then profits are 18% appx. If profits remain at 10% then the station owner makes $.55/gal. I can't follow the math here in your example. Help me. I am not trying to nit pick, just to get the math in mind si I acn see the argument.Anonymousnoreply@blogger.com