2 ms·
How would investing in locally produced stuff increase inefficiency ?
by whynotmaybe 9mo ago
How would investing in locally produced stuff increase inefficiency ?
- janderson215 9mo agoLack of scale or expertise (competitive advantage).
- Arnt 9mo agoIf you pay someone 3x for work/service/product, x is the price and 2x is what you pay to encourage them to make/do the things instead of the people who could/would do it for x. However, you're not paying 3x. I assume you're not really paying anything notably higher than x, right? So the encouragement is nearly zero.