Immigration

rickyb

Well-Known Member
Are you dense? If the seller's costs go up then he has to raise the prices of the goods or services he offers. He can't just print money.
You said the seller is being forced to raise prices

Who is forcing the seller to do that, and talking to the seller saying im forcing you to raise the price?
 

vantexan

Well-Known Member
Thats wat i thought

So how is it good for workers to be anti union if economists say unions are good for workers
Again, depends on the economist and the union. Look around you. Unions aren't everywhere for a reason. A company like UPS is unionized because you can't ship those jobs overseas. But if a company can to avoid high labor costs they usually will. But hey, if you can convince employees to unionize then have at it and good luck.
 

vantexan

Well-Known Member
Youre aware sellers absorb increased costs right

No union tells a seller to increase prices.

They can asborb the loss, increase the price, or even lower the price
If a company keeps absorbing costs as their labor costs increase they will soon be operating at a loss. That means layoffs, etc to stave off bankruptcy but if they continue to have losses they will file for bankruptcy.
 

rickyb

Well-Known Member
If a company keeps absorbing costs as their labor costs increase they will soon be operating at a loss. That means layoffs, etc to stave off bankruptcy but if they continue to have losses they will file for bankruptcy.
Companies can absorb some losses and still make a profit elsewhere
 

vantexan

Well-Known Member
If they lose on 1 product they may gain on other products

Companies do take losses and they also raise prices when costs dont go up
If their labor costs go up that affects the price of everything they produce. And in competitive markets they have to control costs to keep their products competitive with other companies producing the same thing.
 
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