The Anti-Extractive Derivative: The tl;dr
The Anti-Extractive Derivative: The tl;dr Want the formal proofs? See: Full Academic Paper The Problem in One Sentence Normal businesses make more money by cutting costs, which usually means cutting quality. The Solution Lock the margin so the only way to grow profit is to grow volume, and the only way to grow volume is to increase quality. The Math (Don’t Panic) Normal business: Profit = (Price - Cost) × Volume ...