I think this is natural, as you're always sub-dividing the remaining 66-75% of the pie. Even if you assume exponential decay of labor as a percentage of the remaining cost, it can still add 5-10%, which is a meaningful fraction. I don't strictly disagree with the original post regarding labor not being the lion-share of many businesses.
As a nit to my original post, butchers was more meant to be representative of a class of service that is relied on by consumer-level providers. I think we can agree that it is fair to assume there are more than just first-order workers who make less than $24 a hour in most supply chains these days.
As a nit to my original post, butchers was more meant to be representative of a class of service that is relied on by consumer-level providers. I think we can agree that it is fair to assume there are more than just first-order workers who make less than $24 a hour in most supply chains these days.