- Capitalism and Alternatives -

Again

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.

Follow Ups:

• No price war DonS USA November 24 1999 (11)
  • Yaaawn...(better) Stoller November 24 1999 (9)
    • if demand is sufficiently high, there is no point in engaging in a price war. DonS USA November 25 1999 (8)
      • ??? Stoller November 26 1999 (7)
        • competition only comes into play if demand is insufficient for the needs of all the producers. DonS USA November 30 1999 (6)
          • 'Demand' - wih correct links Stoller November 30 1999 (4)
            • I disagree. DonS USA December 01 1999 (3)
              • That's what this whole forum is about Stoller December 01 1999 (2)
                • Addition Stoller December 02 1999 (0)
                • most 'capitalists' are pragmatic people who are not much interested in free market theory. DonS USA December 02 1999 (0)
          • 'Demand' Stoller November 30 1999 (0)
  • Yaaawn... Stoller November 24 1999 (0)