Food industry expert says the reason butter is so expensive these days isn’t simple and goes all the way back to the farm.
  • kevincox
    1·
    1 year ago

    businesses have to maintain a profit margin in order to survive.

    This is quite irrelevant. The only goal of a public company is to bring maximum value to their shareholders. If they think raising prices will bring in more profit they will do it. So if people are paying $10 they made a good move.

    Maybe not a good long-term move. But that is much more complicated.