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Ok, Stan produces peanuts. His workers want raises and more benefits. In order to do so, he must raise the price of peanuts. The next year, the employees want more benefits and raises so Stan has to raise prices. The cost of gas and other products Stan uses also goes up and Stan has to increase prices even more.
How can we keep our prices competative with other countries if we want more and more?

2006-11-01 19:03:32 · 1 answers · asked by grannywinkie 6 in Business & Finance Other - Business & Finance

1 answers

Improve the per person volume of production.
More product per person pays for the higher benefits etc.

2006-11-01 19:16:57 · answer #1 · answered by kate 7 · 0 0

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