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Businesses fail as profits decrease, one cause of which could be higher cost of inputs. It may lead to those businesses cutting costs elsewhere, or passing it
by indigo0086 3y ago
Businesses fail as profits decrease, one cause of which could be higher cost of inputs. It may lead to those businesses cutting costs elsewhere, or passing it onto the consumer. To shame companies as they find ways to maintain profits when they're the first to be affected by increased cost to inputs is economically illiterate and leads to misguided focus on what the cause of inflation affecting all levels before a consumer gets their smaller chips or soda.