3 ms·
if you'll excuse a cheeky well actually... you'll occasionally get things with high costs of production being cheap because they are subsidized [0][1]. Althou
by achenet 3y ago
if you'll excuse a cheeky well actually...
you'll occasionally get things with high costs of production being cheap because they are subsidized [0][1].
Although I agree that in the general case, price reflects production costs :)
[0] https://www.nytimes.com/2021/06/08/technology/farewell-millennial-lifestyle-subsidy.html https://www.nytimes.com/2021/06/08/technology/farewell-mille...
[1] https://www.ifpri.org/publication/food-subsidies-developing-countries-costs-benefits-and-policy-options https://www.ifpri.org/publication/food-subsidies-developing-...