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Joined 1 year ago
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Cake day: July 8th, 2023

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  • Cost of business is factored into price to the consumer. A single freelance contractor trying to help pay rent and groceries for his wife and 2 kids shouldn’t need to eat the increase at the expense of his family’s financial support, so he charges more for his services.

    A big company will also increase their costs likewise, but they already have expenses covered and the extra money goes into stock buybacks and board member compensation packages.