Come on, engage brain. Read what I've put.
In the sense that nobody sells at a loss, yes. Every selling price has to be bigger that the cost to make.
Why not? See also bread, tins of beans, packets of biscuits.
No, all wrong. You don't know very much about milk production, clearly.
You're going well for "most erroneous post 2019" here. Why then do people pay more for Fairtrade coffee? Why do Asda offer milk at £1.09 and a bottle next door for £1.30 with the promise that the difference goes back to the producer? Go and have a look.
All statements of the bleeding obvious. Now explain to me why I can't sell Rolex milk at £50 a bottle.
Oh jeez this is getting difficult, we're only talking basic economics.
OK milk - firstly NEVER believe a farmer! They're very good at pleading poverty and learned years ago that if if you say you're doing well, you won't get anything.
Show me a farmer that's ever said he's doing well!?? My uncle is a big farmer in Carlisle, works 24/7, doesn't/too tight to employ anyone, never takes a day off and he's mid 70's. He'll die with a cows teat in his hand and I reckon he'll leave c.£20-£30mill behind him when he goes.
Also, the milk prices quoted that are paid to farmers are more often than not, for media purposes only. They'll quote x/p/litre but the truth is there can be up to a 50% variation in this. Lidl, Tesco's etc pay way less than Waitrose and M&S. Then different prices are paid for milk for cheese and yogurt, which constitutes c.50% of the milk market btw.
And, farmers are subsidised, so yes milk is subsidised, directly or indirectly. Also remember, that milk could be considered as a by product of the cow, from which you can sell beef, skin and even their turds. That's why the price of milk bears very little relevance to the hifi industry pricing structure.
Fairtrade coffee - Now I'm really glad you brought this up as this is a great example of the consumers behaviour. Yep, you can get more for a product that isn't necessarily of better quality, but purely due to conscience or a desire to make other lives better, essentially it could be considered as a form of charity (not trying to be condescending).
Now two things: 1. Try selling that to the public 20 years ago. 2. Try to sell that same Fair Trade coffee at £20.30 instead of £1.30. Surely it will be bought in the same quantities because we want to help others and make the world a better place? Err nope. You'll quickly find that there is a precise price point to conscience and the will to improve the lives of others, much above this and it's two fingers to you and pass the Nescaffe
Rolex milk at £50 - Brilliant. You could certainly try and if the quality was right I'd DEFINITELY buy the usual 4 bottles a day........
