Which makes me wonder why, if consumers place such a low value on a burger as a product, MacDonalds…

… very least, we can see that Bob is not being exploited by his company by making a low hourly wage. He is being paid according to the amount of value that his skills provide. One of the reasons for that is that value comes from scarcity. If there were only 100 computers in …
How to Determine the Surplus Value of Your Labor
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The Dissident Daily
Frank Parker
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May 22, 2021
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Which makes me wonder why, if consumers place such a low value on a burger as a product, MacDonalds and so many other companies invest so much in producing them. I think there is a flaw in your simplistic analysis.
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Written by Frank Parker
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Frank is a retired Engineer from England now living in Ireland. He is trying to learn and share the lessons of history.
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