Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Nah, the cost of labor + materials + distribution is the minimum price of an item. The actual price in practice will be that price + whatever the manufacturer can get away with charging.
What determines the premium they can get away with is whether or not alternative goods exist and whether or not the consumers are informed of them, motivated to seek them out, and capable of making the switch.
Nah, the cost of labor + materials + distribution is the minimum price of an item. The actual price in practice will be that price + whatever the manufacturer can get away with charging.
What determines the premium they can get away with is whether or not alternative goods exist and whether or not the consumers are informed of them, motivated to seek them out, and capable of making the switch.
In this case, the manufacturer is a middle man