| United States. Congress. Senate. Committee on Finance - 1995 - 196 pages
...prices increase more rapidly than the average product. The sequence is easily visualized as a "U"-8haped curve— the price of any given product relative to...down, is flat for a while, and then goes back up. Nobody debates the reality of this product cycle, and nobody debates the fact that the CPI introduces... | |
| United States. Congress. Senate. Committee on Finance - 1995 - 184 pages
...off, and prices in crease more rapidly than the average product. The sequence is easily visualized ai a "U"-shaped curve — the price of any given product relative to the consumer marJce basket starts high, then goes down, is flat for a while, and then goes back up. Nobody debates... | |
| John W. Kendrick - 1996 - 498 pages
...Eventually products mature, sales fall off, and prices increase more rapidly than the average product. The sequence is easily visualized as a U-shaped curve:...down, is flat for a while, and then goes back up. Nobody debates the reality of this product cycle, and nobody debates the fact that the CPI introduces... | |
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