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-square41fedilinkarrow-up1487arrow-down11
arrow-up1486arrow-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-square41fedilink
minus-squaredan1101@lemm.eelinkfedilinkarrow-up4arrow-down38·edit-211 months agoWhile I sympathize with the workers wanting more money, I’m not looking forward to new vehicles being more unattainable than they already are.
minus-squareatetulo@lemm.eelinkfedilinkarrow-up16arrow-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.’
minus-squareFallenwout@lemmy.worldlinkfedilinkarrow-up2·11 months agoI don’t understand why you get downvoted. How can people not know that a rise in production cost gets passed through to the customer.
minus-squaredan1101@lemm.eelinkfedilinkarrow-up2·11 months agoWhen unions are involved you aren’t allowed to point out things like that.
minus-squaresadreality@kbin.sociallinkfedilinkarrow-up3arrow-down1·11 months agoDid you learn economics 101 from your teevee?
While I sympathize with the workers wanting more money, I’m not looking forward to new vehicles being more unattainable than they already are.
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.’
I don’t understand why you get downvoted. How can people not know that a rise in production cost gets passed through to the customer.
When unions are involved you aren’t allowed to point out things like that.
Did you learn economics 101 from your teevee?