[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 7 KB, 200x178, 609.jpg [View same] [iqdb] [saucenao] [google]
50545771 No.50545771 [Reply] [Original]

>two brothers start competing Widget Emporiums
>Brother A sells widgets for 5 dollars
>Brother B sells widgets for 6 dollars
>Brother A immediately gets more sales
>Brother B lowers price of widgets to 4 dollars
>Brother A buys up all of Brother B's widgets at a reduced price
>Brother A increases the price of his widgets to 8 dollars
Where's the flaw?

>> No.50545799

>>50545771
>Where's the flaw?

Widget not needed.

>> No.50545825

>>50545799
The widgets we're talking about are a necessity.

>> No.50545829

>>50545771
Taxes and jews

>> No.50545838

>>50545829
Both of the brothers in the story are jewish, and they both have to pay taxes.

>> No.50545851

>>50545771
If you start selling out of a product, or are on pace to sell out you raise your prices incrementally.

>> No.50545853

>>50545771
>thinking you can corner the market without affecting price

>> No.50545881

>>50545853
worked for walmart

>> No.50545930

>>50545771
>Brother B develops drug addiction and kills Brother A in a fit of rage ala Cain and Abel

>> No.50545942

>>50545930
>tfw the compromised, edited bible leaves out the part where Cain gets hooked on meth

>> No.50547390

>>50545771
I think this happened to the company that made truck nuts.