Complaints that milk bottlers take enormous markups on the bottled milk sold to consumers are most likely to arise wh...

Emil-Kunkin on October 24, 2022

Hi,

The passage tells us that mill bottlers charge a higher spread when prices for raw milk are falling. That is, when their input costs fall, the price they charge customers does not fall as fast. So, we know that they do not respond to a decrease in raw milk prices by immediately and proportionally lowering prices

AndrewArabie on October 24, 2022

I see that now. Thank you.