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Austin Hill, 2nd Period. Economics
so what you're saying is that i should sell more than one flavor of ice cream
if you want to make this monopolictic bunisness you will need only you and to get into this field youll need to have a slightly differ you product from everyone elses
yes you should sell more tham one flavor. the good news for you is there isn't a lot of stuff you should have to buy, so there are low barriers of entry
there will be low barriers to enter this market, all you will need is to make an identical product to everyone elses and sell it all
you very well can and it would still be effective if ran correctly
ok and would i just run this all by myself?
as a stockholer of this corperation i belive we should attepmt to merge with the other nig producer
and the government wouldn't mind because we would be a natural monopoly of electirty in our area
and that would create a monoply of our indurty therefor boosting the income rate
well yes, but when we both combine our money we will have a decent amount to start the business
if me and you were to come together and make a business we could probably combine our money and slowly become bigger to make it into anoligopoly
but aren't there somewhat high barriers to entry to be able to make it to that point

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