B A Hathikhanawala Assuming that 18 per cent of total costs are fixed, raising of capacity utilisation from 50 to 100 per cent can reduce prices by 10 per cent, increase corporate profits by 70 per cent and tax revenues by 80 per cent.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.