Starting Price / (1-Tariff %) = Final Price Needed to Break Even
$5 / (1-.25) =
5/.75 = $6.67
If an item was $5 and there was a 30% tariff
5 / (1-.30) = $7.14
If there was a 30% tariff and the syrup company wanted to keep same profit they would have to sell each bottle for $7.14.
$7.14 × .30 = $2.14
$7.14 - $2.14 = $5
No, because (1 + tariff) isn’t enough to keep up with the tariff because as the price goes up, the tariff also goes up.
Like in the example going from $5 to $6.25 (5 × (1+.25)). Would result in 31 cents less per bottle.
It needs to be ~33% more or $6.67 for the syrup company to keep the same profit with a 25% tariff.
Final Price × Tariff % = Tariff Amount
Final Price - Tariff Amount = Cost of Good Sold
Cost of Good Sold - Expenses = Profit
So if you need $2 profit
$2 = (Final Price - (Final Price × Tariff %)) - Expenses
$2 = (X - (X×.25)) - $3
$5 = X - .25X
$5 = .75X
X = $6.67
Formula would be
Profit = (Final Price - (Final Price × Tariff %)) - Expenses
*Its
It would have to be “angels” to be their.
So if a company still wants to make $2 profit per bottle.
Company raises price to $6.25 to try to cover the tariff (25% increase)
The tariff becomes $1.56 ($6.25 × 25%)
Instead of selling for $5 price, they would sell it for $4.69 effectively ($6.25-$1.56)
Instead of making $2 profit, they would make $1.69 profit ($4.69-$3(production cost))
If they still sold the bottle for $5, paid $1.25 tariff
They would make 75 cents of profit ($5-$3(production cost)-$1.25(tariff))
Let’s say a bottle of Canadian Maple Syrup is $5 before.
25% Tariff is $1.25
Let’s say the company makes $2 on each bottle before tariff. They really need to make $2 per bottle to cover expenses
So if a company still wants to make $2 a bottle still.
If they sell for $6.25 to try to cover the tariff (25% increase)
The tariff becomes $1.56
Instead of making $5, they would make $4.69.
Instead of $2, they would make $1.69
If they sold the bottle for $5, paid $1.25 tariff
They would make 75 cents
The number for $5 is $6.67
If the company sold the syrup bottle for $6.67. Payed $1.67 in tariff (25%). They would make $2.
Now, of course, they want to sell it for $6.67. Will people pay the increased price?
They can’t just keep selling them for $5 and make basically a 1/3 of their previous profit.
Prices have to go up. How much is up to the consumer.
If the consumer is willing to buy Official Canadian Maple Syrup 🍁 for $6.67. The consumer is paying the whole $1.67 tariff.
An interesting thing happens when people pay $8. The syrup company makes an extra $1, Government gets $2 tariff. It’s a win for everyone, but the consumer that lost $3. (Kind of scary if Trump gets a Maple Syrup company in Canada, goes around, ignores, or pays himself the tariff and sells a bottle for $5. Both are true Canadian Maple Syrup, it just has his name on it. Are you going to buy the $5 or the $8? Even if you buy the $8, he gets $2)
The consumer can’t win. Free economy is better.
~33% increase covers a 25% tariff
If the price settles at $6.
Company pays 50 cents
Consumer pays $1
Trump gets $1.50
Who even is in charge of the “tariff funds”?
Like people are happy with having to pay $1 to get the company to pay 50 cents? Like that’s a win?
Sad reality is Americans should not buy anything with a tariff. Paying a premium to help support Canada seems like a good thing but if everyone does it and everyone pays 33% more. The tariff funds makes out like a bandit all thanks to the consumers.
TL;DR: Company facing a 25% tariff will look to raise prices 33%. If they can they are fine or better. Consumers lose. I really like Vermont Maple Syrup
Bank robber. Get away driver.
Would be a good analogy.
Yes, the bank robber shot and killed the clerk.
But they are both bank robbers
Who is more evil? The one that does the act or the one that enables it?
Online review for a Yeti dog bowl said “Great bowl! Just don’t get your dog’s name engraved on it because it will outlast them!”
My grandfather said “It already comes with his name engraved on it”
Now my dog is named Yeti
Astroturf. Much homey
I’m 25% Finnish (Grandmother)
I enjoy saunas
Is 25% enough to enjoy other Finnish things?
3 types of cards
Attackers Engines Support
This would be an attacker.
You can not sit there and hope to put on 3 energy to get 1 attack. 6 whole turns before you can get off 2 attacks.
Anyways this would require an engine card. Like Gardevoir.
Now you need 2 basics pokemon to use the ability. If you put in Raltz that means less chance of getting the other two basic pokemon.
Card has a lot of draw backs and not enough benefits
140 attack is enough most of the time. The +20 damage only applys in fringe cases
I could see you building a deck with the card that would counter a specific deck, like cresselia ex, that has 160HP with cape. The event deck is super slow
I was thinking “I’m going to break my arm so mommy can give me a hand 😜”
Apply a meme and a play on words.
A computer wouldn’t see why they would break a fictional arm so a parental figure could give them a hand. Real hand? Help? Even if it got handjob. Like you said it’s probably bad at weird sexual kinks.
Why someone would want to shove a metal rod up thier penis is beyond me even.
So if there’s three people looking at a metal rod on table and one says “You can do some melding with that!” “That’s pure aluminum, I bet that’s worth a pretty penny” or “I think I could fit that in my pee hole”
It’s probably the best to believe the third is a real human
“Free”
Nothing is free
Someone paid for the fountain. Either you, your neighbor, your friend, or your fellow countryman. But someone.
Why nickel and dime everyone that is probably never going to even see the fountain instead of letting the people that want/need pay for it?
Cold filtered water at just a single park you regularly go to is probably worth 3 bucks a month.
If extra money went to park improvements, that would be even better.
I don’t see why everyone wants “free” when it’s just a hidden cost that you’re probably paying anyways. Yes, probably costs more for the people that use the service more, but that’s the way it should be.
Personally I’d rather save 20 dollars on my taxes and bring water to the park. Even still tap water is just fine.
Why would I even want to pay 5 dollars more in taxes so someone doesn’t have to bring a water bottle?
This is a premium service that shouldn’t be the burden of the taxpayer.
Yep because you’re referring directly to the service. Which makes it a service.
It was one of those word bank middle school questions
You can still be on the grid and produce your own electricity. The electric company will even buy extra electricity from the consumer.
Electricity or milk is a good. Milk delivery or electricity delivery is a service that delivers a good.
No way you’d say “Milk” was a service, just like you shouldn’t say “Electricity” is a service. If you give more detail that makes it a service, then it would be a service.
It was a bullshit question and the teacher didn’t want to admit that.
Civics and Econ teacher.
You’re supposed to assume they mean “Electrical Service” but they can’t say service or they give you the answer.
“Home electricity” sure a service. Little vague but could be a service.
If I have solar panels on my house and store electricity in a battery. I am producing and storing a good. It would be home electricity.
That “electricity” was a service
Without context, it is a good.
It’s like natural gas. It is a good.
It’s like saying “milk” is a service because the milk man brings it to your house
She wouldn’t give me my damn point back on the quiz
It’s “I can excuse animal cruelty, but I draw the line on abortion”
They mean a day old chicken that has hatched. They are comparing a human embryo to a live chick.
If it is a male chicken that is not going to lay eggs, it will get shredded
To my knowledge they do not have an inexpensive way, let’s be honest any way that costs any money is probably not going to be used unlessed forced, to find the sex of the chicken before it is hatched.
It’s called chick culling if your interested in reading about how 7 billion male chick’s get shredded each year worldwide.
No problem!