Mass production and its effect on unit cost is amazing sometimes. But what is also lost is the transactions between each of those steps. Usually the ones that farm aren’t the ones milling, baking, packaging, etc., so there are layers to consider as well, all reducing the unit prices because of the large scale.
It’s actually kind of crazy all of the rest of that happens for £1.25
Now if we do insulin in the USA, it won’t make so much sense. Capitalism!
Mass production and its effect on unit cost is amazing sometimes. But what is also lost is the transactions between each of those steps. Usually the ones that farm aren’t the ones milling, baking, packaging, etc., so there are layers to consider as well, all reducing the unit prices because of the large scale.