NightOwl@lemm.ee to World News@lemmy.ml · 1 year agoUAW expands strike as nearly 9,000 workers walk off job at Ford's largest plantwww.upi.comexternal-linkmessage-square67fedilinkarrow-up1589arrow-down11
arrow-up1588arrow-down1external-linkUAW expands strike as nearly 9,000 workers walk off job at Ford's largest plantwww.upi.comNightOwl@lemm.ee to World News@lemmy.ml · 1 year agomessage-square67fedilink
minus-squareatetulo@lemm.eelinkfedilinkarrow-up23arrow-down2·1 year agoHey, buddy. I got some news for you. Businesses charge what people are willing to pay. Full stop. Not what products cost to produce.
minus-squareFallenwout@lemmy.worldlinkfedilinkarrow-up2arrow-down1·1 year agoThey’re not selling below the production cost. Full stop.
minus-squareatetulo@lemm.eelinkfedilinkarrow-up2·1 year agoRight. They’re selling as high above the production cost as people are willing to pay. It’s called ‘maximizing profit.’
Hey, buddy. I got some news for you.
Businesses charge what people are willing to pay. Full stop. Not what products cost to produce.
They’re not selling below the production cost. Full stop.
Right. They’re selling as high above the production cost as people are willing to pay.
It’s called ‘maximizing profit.’