Re: PartyPoker.com Million Guaranteed Tournament Continues!
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Mike O'Malley/PartyPoker.com , how do you justify upping the Rake last December?
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I love you ToT, but this is a very dumb question. They are a business, and they believed they would make more money by upping the rake.
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Exactly, you increase price a little, demand goes down somewhat, but if the gains offset the losses then they should raise the price. It's called market efficiency. A company acts to maximize profit given the demand schedule of us, the players.
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