Quantum Windbag
Gold Member
- May 9, 2010
- 58,308
- 5,101
- 245
Nope. Just prevent them from making them in the first place. Which is the problem.
If I can make a $3 profit selling a $5 item and then the government regulation increases the production from $2 per item to $7 per item, my potential profits have been eliminated. The only option I have is to increase the price, which decreases potential profits. Especially if a competitor can keep their product at the $5 range.
Those with more flexibility to eat costs, such as a large corporation, will have a better chance at surviving than a small business on a tight budget.
LOL! Well nothing like going juuust a little EXTREME! So. A tax or regulation that increases cost 350%?!?!?! Yeah, THAT is um, well, yeah okay. Get that analogy from Drudge, did you?
How much does the minimum wage law increase the price of a product?
Last edited: