How much would things cost if manufacturers had to pay all their workers regardless of country American minimum wage?
submitted 3 years ago by EY_SCOOF from (self.AskSaidIt)
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[–]Canbot 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 3 years ago (0 children)
The fact is that no one is selling anything at cost, so raising the cost is does not have a direct causal effect. Everyone is selling thier products at the highest price they can. So the determining factor is not how much it costs to make, but how much people can afford to pay.
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[–]Canbot 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)