lb:basic.economics
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| lb:basic.economics [2026-04-29 06:57:16] – [Value] ninjasr | lb:basic.economics [2026-09-24 05:26:06] (current) – [Value] ninjasr | ||
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| Maybe I see that my competitor is selling hotdogs at a fixed price of $2.50. So I'm trying to undercut him by being more flexible with pricing on the one hand and for consistently selling at a lower price. My competitor may choose to respond by lowering the prices himself. | Maybe I see that my competitor is selling hotdogs at a fixed price of $2.50. So I'm trying to undercut him by being more flexible with pricing on the one hand and for consistently selling at a lower price. My competitor may choose to respond by lowering the prices himself. | ||
| - | This is **competition** and it can manifest in thousands of different ways, so I'll leave that for later. | + | This is **[[lb:econ:competition]]** and it can manifest in thousands of different ways, so I'll leave that for later. |
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lb/basic.economics.txt · Last modified: 2026-09-24 05:26:06 by ninjasr