this post was submitted on 10 Mar 2025
21 points (100.0% liked)

Explain Like I'm Five

15530 readers
225 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] SolidShake@lemmy.world 9 points 4 days ago (1 children)

I think you'd be surprised at how many businesses don't like any sort of income loss. So the consumer pays the full tariff every time. The lemonade is now $1.50

[–] sunzu2@thebrainbin.org 2 points 4 days ago (1 children)

If demand is inelastic... Sure... Food rent gas

But people can easily either not buy or find a substitute for lemonade lol... That's bow free markets generally work

Electronics can be used until they break!

[–] SolidShake@lemmy.world 4 points 4 days ago

Non tariff lemonade is $2 because it's local and "organic". And it's not gross Commie lemonade.