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But Stratemeyer thought that the books would make up in volume for the diminished profit margin per unit.
However, in such societies overproduction (beyond market demands) often results in diminished profit as a result of depressed prices.
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With diminished numbers come diminished profits.
But diminished profits have forced the firm to cut back.
A minuscule minority of the wealthy, landed elite would see diminished profits.
Faced with diminished profits and a string of headaches, Halliburton decided to phase out its smaller-scale road work, making it even harder to complete the remaining projects.
At some point, the cost of borrowing short-term will rise so much that companies will choose to defer plans to expand or modernize -- or they will absorb the higher interest costs in the form of diminished profits.
Consumers win by getting more for less, while companies face diminished profits as their specialized products become commodities.
However, subsequent analysis shows that steel companies also cut back their investments in new technology and modernization of their plant and equipment because of the diminished profits resulting from the jawboning.
Banks took more losses, as the prospect of lower interest rates suggested diminished profits.
But even with diminished market share, Detroit's profits are going to climb and will rise to record levels before the end of the decade.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com