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As already mentioned, that is revenue, not profit. If you take $1000 worth of material (costs) and make something you can sell for $2000 (price), then you've created $1000 in value, not $2000.

My point is that the value created by a worker doesn't define the salary (although it creates a cap, you can pay more than value created).

A great example are lawyers. With the glut of lawyers out there, a lot of lawyers are getting paid less than $50K/yr. I would argue the work they do is worth more than that, but since there are so many lawyers chasing so many jobs, salaries fall.



> you can pay more than value created

"can't", presumably.




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