I am a product manager for a large commercial telecom/data equipment provider. Example: I can buy a widget for $100.00 from a manufacturer but due to loaded costs I have to sell it for $350.00 to make a 10% gross, not net, profit. That 10% gross is dependent on a high volume of widgets sold. The telecom technician “downstream” with great wages and benefits package thinks exactly like you do. I am sure glad the downstreamers don’t run the show. Nuff said.
Indeed, and that’s why gas is 3.50-4 vs 1.50-2 as it should be.