yeah, i remember reading that a bakery that bakes bread for $0.60 per bun today wouldn’t even have to increase the price to $0.61 if the price of raw wheat doubles. that’s how low the share of raw resource cost is in an everyday’s item. was crazy to me to read this.
yeah, i remember reading that a bakery that bakes bread for $0.60 per bun today wouldn’t even have to increase the price to $0.61 if the price of raw wheat doubles. that’s how low the share of raw resource cost is in an everyday’s item. was crazy to me to read this.