Let’s say Apple has an amazing year, pays all employees big bonuses, and a lot of people in the Bay Are willing to spend more money to go out to a bar and grab a beer with some locally source avocado on artisan bread.
People in the Bay Area can’t really drive to Montana or Louisiana to grab a beer (and they have no locally sourced avocado at all!) so the Apple employees’ willingness to pay more only affects the prices at bars in the Bay Area.
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