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That wasn't what was said. Businesses price in shrinkage. The more theft occurs, the more employees they hire and the higher they mark up goods. There's a di
by cogman10 10mo ago
That wasn't what was said.
Businesses price in shrinkage. The more theft occurs, the more employees they hire and the higher they mark up goods.
There's a difference between having a 2% margin and having a 30% markup. Margin includes things like employee salaries, spoilage, theft. That's why buying goods in a remote location will often carry a high price tag. The store selling that produce needs to account for these things in order to stay afloat. So even though they are selling something for $10 that you can get in a city for $5 that doesn't mean they aren't making the same 2% margin.