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Yeah, now multiply 28 billion by... three cents. Also, just because an industry brings in lots of revenue doesn’t make it a good industry. I’m sure there’s tri
by aabhay 6y ago
Yeah, now multiply 28 billion by... three cents.
Also, just because an industry brings in lots of revenue doesn’t make it a good industry. I’m sure there’s trillions of dollars exchanging hands in the plastic bag market, but I’m also sure that the margins are getting squeezed so tight that even a PhD in OR couldn’t find a percentage point to optimize. The margin per bag is essentially zero.
- chii 6y ago> The margin per bag is essentially zero. that's a good outcome imho (and it's not zero, it's just very low). But this means that the value of the bag and the cost of production is very, very close, meaning it's available to as many people as possible!