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by SoftTalker 22 days ago
sacrificing even more profits that may be had by undercutting coca-cola's price? The CEO would be fired.
2 comments
DangitBobby 22 days ago
Markets generally don't follow Econ 101. There are effects beyond first order when it comes to pricing.
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pdimitar 22 days ago
Really depends on the concrete numbers and the projections. You could be right, I could be right, I am only saying what I've witnessed historically in general. Greed trumps a lot of other fairly rational courses of action.
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