Comment on Dear Americans, be prepare to get screwed!
starman2112@sh.itjust.works 5 weeks agoGood guess, but that wasn’t one of the options. Does the consumer pay:
A) More
B) Less
C) The same
I promise you, if you think about it for even a moment, this has a very intuitive answer
commie@lemmy.dbzer0.com 5 weeks ago
we can’t know
starman2112@sh.itjust.works 5 weeks ago
❌
Sorry, the correct answer was
A) More
Explanation: when the cost of producing or acquiring a product increases, a business must earn more money to cover the additional expense
commie@lemmy.dbzer0.com 5 weeks ago
prove it
starman2112@sh.itjust.works 5 weeks ago
Sure thing
If you make it cost more money for a company to provide their good or service, they must charge more for that good or service in order to break even