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.
While true, I think the point here is that Loblaw collects a high margin irrespective of the beef’s cost to make. But yes, the cost of meat has been historically absurdly low. Another example of the market not pricing in externalities.
While true, I think the point here is that Loblaw collects a high margin irrespective of the beef’s cost to make. But yes, the cost of meat has been historically absurdly low. Another example of the market not pricing in externalities.