The law of lower price => higher volumes has nothing to do with product mix. And if I get paid less while I sold more (whether 1 product or a basket); price / unit (single or blended) was reduced. That cannot happen if demand was “resilient”.
If share of one of the two reduces from 57% to 52%, it does not mean volume has dropped by 5%. Volumes could also have gone up, and the volume for the other went up faster. Similarly drop in share of value is not drop in value.
Revenues / Volumes do indicate nothing about margins. So you cannot conclude the above.
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