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by margalabargala 287 days ago
Directly yes but there are knock on effects. What you say is true only when labor is not scarce.

The consequences of having insufficient labor is a large price factor. If you can only harvest 30% of your crop and the rest rots in the field because there's no one to pick it, that is outsized.

1 comments

If you paid a lot more there would be more people to pick it
True!

And then the labor cost of food would no longer be near the bottom of the price factors.