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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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