NightOwl@lemm.ee to World News@lemmy.ml · 11 months agoUAW expands strike as nearly 9,000 workers walk off job at Ford's largest plantwww.upi.comexternal-linkmessage-square68fedilinkarrow-up1590arrow-down12
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 · 11 months agomessage-square68fedilink
minus-squareatetulo@lemm.eelinkfedilinkarrow-up23arrow-down2·11 months 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-down1·11 months agoThey’re not selling below the production cost. Full stop.
minus-squareatetulo@lemm.eelinkfedilinkarrow-up2·11 months 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.’