Sole proprietorship in. Perfect Competition (Roman and Dylan)

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  • I finally opened my own small cafe!  
  • Guys, really, it has a lot of advantages! For example, I get all the profit and I have much more freedom that a McDonald's down the street.
  • But, it also has some disadvantages! I work more than 10 hours everyday, and as such small cafes are very popular in our city, there's a lot of competition down here.
  • And he is right! I have more income, despite we are selling the same food! You know why? Because my prices are lower!
  • But mine food is more delicious!
  • That's what we are calling Perfect Competition! Everybody should do their best to satisfy the customer and get the money!
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