Let's say that a raw piece of steak costs $2.83, but a cooked piece of steak costs $2.09.
How does an economy where raw goods are more expensive than their manufactured versions function?
No economic incentive to produce manufactured goods, so companies don't make them. But they would want manufactured goods to harvest/dig up raw materials more efficiently, so I guess the government would subsidize that stuff? It's really not a system that would "work" in itself. It violates the law of supply and demand.
>>2318260
The reason raw goods in runescape are more expensive than the finished product is because Runescape is a videogame.
>>2318260
Such an economy would collapse.
Well for one thing, in real life companies don't use raw meat to to grind some irrelevant arbitrary skill value.
It wouldn't