It’s not that £4 cable costs £300. £4 is the scrap value of the copper once the insulation has been peeled off. Freshly made cable costs a bit more than that.
It costs £300 to fix because of the cost of the cable, labour and the workmanship.
Well, the ones making the cable still probably only make a small fraction of the value in labor. The majority of the inflated price goes to C suite paychecks.
I remember when I made 10s of thousands worth of cable every day from cheap materials and walked away with a couple thousand a month. I ended up quitting that job, but the slightly mentally challenged woman there who was the most efficient and accurate to spec probably still sits there making cables every day.
It’s not that £4 cable costs £300. £4 is the scrap value of the copper once the insulation has been peeled off. Freshly made cable costs a bit more than that.
It costs £300 to fix because of the cost of the cable, labour and the workmanship.
Well, the ones making the cable still probably only make a small fraction of the value in labor. The majority of the inflated price goes to C suite paychecks.
I remember when I made 10s of thousands worth of cable every day from cheap materials and walked away with a couple thousand a month. I ended up quitting that job, but the slightly mentally challenged woman there who was the most efficient and accurate to spec probably still sits there making cables every day.
Why scrap it when you can turn around and sell it right back to them?
If I break into your house and steal your TV then knock on your door the next day to offer to sell it back to you, would you buy it?
Depends on how much copper is in it, I guess
Not much since I stripped it out and sold it for a cool $4. Now do you want this cable for 1/2 off or not!