The Pareto Principle in action

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Nov 2, 2023
consumer-pareto-ratio-of-goods-graph
The Pareto Principle states 20% of activity will account for 80 percent of results. You can see it demonstrated here on certain consumer products. Things like detergent, chocolate, and toilet paper are used by almost everyone. Things like cigarettes, beer, and soft drinks are consumed mostly by the top 20% of users.