Posted by: nepalilaure September 18, 2014
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when you open the bottle of whiskey in a bar or restaurant that will be under service industry. Value added is everywhere high in service sector. The case is clearly different in wholesale/retail business. There can be debate on 'isn't 20% too low?". But some form of government intervention/regulations on profit is desirable, especially in 'markets' like ours unless you are philosophically opposed to the role of government in everyday life.