Or buying a cup of tea at a motorway service station. (Unit price, what? Maybe 2p? Sale price? £2.75. I\’m a rubbish capitalist and can\’t do the sums but isn\’t that something like about 20,000% profit?)
No, that\’s not profit, no.
There\’s this little thing called \”overheads\” that have to be paid. You know, trivial things, like the building, the furniture, the equipment to make the tea. Heck if it takes 1 minute of labour to make a cup of tea then that\’s 10 pence of minimum wage labour right there.
Consider, for example, newspapers. This morning\’s Observer weighs what, 100 grammes (sorry, many years since I actually knew the weight of newspapers)? And at €500 per tonne newsprint that\’s 5 cent\’s worth of paper. We\’ll give you another 5 cents for the ink shall we?
The paper sells for £2 I think? So, why aren\’t you making a £1.9something profit on every copy? What\’s that? You\’re losing £30 million a year because there are more expenses to pay than just the paper and ink was it?
Yes love, you really are rubbish at not just this capitalism thing but basic numbers too.