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1. chrisb+(OP)[view] [source] 2018-09-12 06:29:04
If we raised farm labor wages by 40% it would cost the consumer less than $25 a year.

”For a typical household, a 40 percent increase in farm labor costs translates into a four percent increase in retail prices (0.30 farm share of retail prices x 0.33 farm labor share of farm revenue = 10 percent, farm labor costs rise 40 percent, and 0.4 x 10 = 3.6 percent). If farm wages rose 40 percent, and the increase were passed on fully to consumers, average spending on fresh fruits and vegetables would rise by about $21 a year (4 percent x $530 = $21).

Giving seasonal farm workers a 40 percent wage increase, on the other hand, would raise their average earnings from $11,720 for 1,000 hours of work to $16,400, lifting the average worker above the federal poverty line of $11,770 for an individual in 2015.”

https://migration.ucdavis.edu/rmn/more.php?id=2005

replies(2): >>jpttsn+t3 >>michae+jf
2. jpttsn+t3[view] [source] 2018-09-12 07:25:17
>>chrisb+(OP)
I dont think the average consumer wants to pay $25 more per year.
replies(1): >>Tempes+X6
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3. Tempes+X6[view] [source] [discussion] 2018-09-12 08:16:48
>>jpttsn+t3
We do like inexpensive merchandise.

http://dilbert.com/strip/2007-05-01

4. michae+jf[view] [source] 2018-09-12 10:00:52
>>chrisb+(OP)
Doesn't the average consumer spends a lot more than $530 a year on farmed goods?
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