this post was submitted on 24 Sep 2024
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The enormous scale of global food waste. (cdn.statcdn.com)
submitted 6 months ago by [email protected] to c/[email protected]
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cross-posted from: https://feddit.org/post/3142575

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[–] [email protected] 0 points 6 months ago (1 children)

efficiency ≠ price

you've glossed over a lot of economics. Like, for one thing, the EU gives about €55 billion in agricultural subsidies a year.

[–] [email protected] -1 points 6 months ago

Cost of production puts a lower bound on the price. In case of competitive industries, price floats just above that limit