2 ms·
Eggs and milk aren't getting more expensive to produce. So, if the currently-cheapest brand increases its price, it's opening a window for new competition to s
by mac01021 10y ago
Eggs and milk aren't getting more expensive to produce. So, if the currently-cheapest brand increases its price, it's opening a window for new competition to sell at the old low price.
It's possible that anticompetitive forces would prevent that competition from emerging in many cases, but I would not say that it is obvious that prices will increase under UBI.
- derekp7 10y agoExcept that it does become more expensive to produce those eggs. That is, assuming some of UBI gets paid for out of increased taxes that the farmer would have to pay.