Fewer people want our product? Charge more!

It’s hard to think of a dumber principle on which to base a business decision, but the good folks at the Law School Admissions Council have figured out how to deal with an ugly 15% drop in demand from their┬ácustomers the number of students taking the LSAT:

Raise the price.

Sometimes you just wonder what people are thinking.

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One Response to Fewer people want our product? Charge more!

  1. Pingback: “What’s Going On at Law School Admission Council?” | Lawyer Apocalypse

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