LogFAQs > #949942364

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Topic	The Democrats have just put forth a bill raising the minimum wage to $15!
uwnim 01/26/21 1:14:16 PM #42:	By the way, to figure out how much this would affect things prices, youd need to know what % of the products price is due to labor. For a lot of things, you can double the labor cost and barely increase the price to remain at the same profit per unit due to how little labor actually contributes to the cost. --- I want a pet Lavos Spawn. [Order of the Cetaceans: Phocoena dioptrica] <cite>uwnim posted [p:949942364] in The Democr... [t:79261177]...</cite> <quote>By the way, to figure out how much this would affect things prices, youd need to know what % of the products price is due to labor. For a lot of things, you can double the labor cost and barely increase the price to remain at the same profit per unit due to how little labor actually contributes to the cost. --- I want a pet Lavos Spawn. [Order of the Cetaceans: Phocoena dioptrica]</quote> ... Copied to Clipboard!
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