You own a pizza parlor; let’s call it Capitalist Pizza. You sell an average of 100 pizzas a day. The dough, sauce, cheese, and toppings cost you $3.00 per pizza, which you then retail for $15.00 - booking a $12.00 gross profit for each pizza sold. These numbers are very much in line with your main competitor, “Corporate Pizza.” Then one day, your wholesaler comes along and says to you and your competitor: “Since Biden’s inflation reduction act has passed, from now on, the ingredients will cost you $4.50”. As the owner, you have several options:
I wonder if this a partial explanation for how big companies can go along with the green agenda. Sure, they get sweetheart loans, but there has to be a way to compensate for fewer items sold. Perhaps they think all they have to do is raise the price on items to compensate for fewer items sold in order to maintain their profit levels. Easy peasy. Could they be that stupid?
Solid argument and a fun presentation.
I wonder if this a partial explanation for how big companies can go along with the green agenda. Sure, they get sweetheart loans, but there has to be a way to compensate for fewer items sold. Perhaps they think all they have to do is raise the price on items to compensate for fewer items sold in order to maintain their profit levels. Easy peasy. Could they be that stupid?