3 ms·
The money goes around in a big circle. The big mac is pricier because the price of beef went up, for example. So the farmer is making more money. Or perhaps the
by FredPret 5y ago
The money goes around in a big circle. The big mac is pricier because the price of beef went up, for example. So the farmer is making more money. Or perhaps the supplier of feed to the farmer. Somewhere, someone is making more money; it’s not like there’s a link in the supply chain where all the do is set money on fire.
Also: sales is recorded on the income statement, no-one claimed that sales = income.
- vorpalhex 5y agoRight, the income statement does include revenue.