- Capitalism and Alternatives -


Posted by: Stoller on November 24, 1999 at 00:43:13:

In Reply to: why lower your price to undercut the competition posted by DonS on November 23, 1999 at 10:19:03:

Don: So you think they will maintain that price if NO ONE wants the product?

Obviously NOT---they will lower it, perhaps so far they no longer make a surplus or even their constant + variable.

Then they will LEAVE the market to those who CAN make a surplus---or go bankrupt (same difference).

See the first part of this post for a repeat performance.

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