return2ozma@lemmy.world to News@lemmy.world · 3 days agoMamdani takes sardonic view of Polymarket’s ‘free grocery store’ stunt in New Yorkwww.theguardian.comexternal-linkmessage-square34fedilinkarrow-up1160arrow-down12file-textcross-posted to: politics@lemmy.world
arrow-up1158arrow-down1external-linkMamdani takes sardonic view of Polymarket’s ‘free grocery store’ stunt in New Yorkwww.theguardian.comreturn2ozma@lemmy.world to News@lemmy.world · 3 days agomessage-square34fedilinkfile-textcross-posted to: politics@lemmy.world
minus-squareunexposedhazard@discuss.tchncs.delinkfedilinkarrow-up12·2 days agoThey have low margins because they have high costs (like rent, logistics and insurance stuff), so if those get reduced then they can lower prices by exactly that amount while keeping the same margin.
minus-squareBarneyPiccolo@lemmy.todaylinkfedilinkarrow-up1·2 days agoAnd presumably, higher wages can be included in the formula as well as lower prices.
They have low margins because they have high costs (like rent, logistics and insurance stuff), so if those get reduced then they can lower prices by exactly that amount while keeping the same margin.
Not to mention spoilage
And presumably, higher wages can be included in the formula as well as lower prices.