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Perhaps. But doesn't competition also drive firms to make decisions that rely on such business models? If you leave fiscal room for an increase in the cost of l
by jonnycomputer 5y ago
Perhaps. But doesn't competition also drive firms to make decisions that rely on such business models? If you leave fiscal room for an increase in the cost of labor, aren't you paying the opportunity cost that will put you at a price disadvantage relative to your competitors? Markets punish inefficiency, even at the price of long term risk.