4 ms·
reductio ad absurdum! If I was earning $5 per hour I wouldn't be looking for $20. It would be nice to get $5.50 and $6 would of course be better. > For one pou
by 6510 5y ago
reductio ad absurdum! If I was earning $5 per hour I wouldn't be looking for $20. It would be nice to get $5.50 and $6 would of course be better.
> For one pound of iceberg lettuce, which costs about $1.20 on average, farmers receive 40 cents and farmworkers get 13 of those 40 cents.
An 1.6666666% increase in price would be a 15% increase in salary. (say 1.7%)
>The BLS data show that expenditures by households (referred to in the data as “consumer units”) in 2019 was $320 on fresh fruits and $295 on fresh vegetables, amounting to $615 a year or $11.80 per week. In addition, households spent an additional $110 on processed fruits and $145 on processed vegetables.
$320 fresh fruits + 1.7% = $325.44 per year
$295 fresh vegetables + 1.7% = $300.01 per year
sub-total:
$615 + 1.7% = $625.45 per year
$11.80 + 1.7% = $12 per week
$110 processed fruits + 1.7% = $111.87
$145 processed vegetables + 1.7% = $147.46
$255 + 1.7% = 259.33
Total without extra pay:
$255 + $615 = $870
Total with extra pay:
259.33 + $625.45 = $884.79
The difference is $14.79 !!!