On Monday, December 10, 2001 at 17:31:20 (-0800) Michael Perelman writes: >Bill, turnover rates are an important factor. If a supermarket sells a >loaf of bread each day. The bread costs $1 and it sells for $1.01. But >it makes $3.65 per year on the bread.
I guess I should say that what I'm interested in is a measure of which markets are good candidates for public investment. It seems that if you have high profit *margins*, low unit costs, and high capital investment costs (as with drugs), the public would win big-time --- of course in more ways than one --- by paying the investment costs. I'm just wondering with which markets we should start our program of public ownership. Bill
