if one bakery lowers or raises their prices then the other bakery will make more money or lose money. you have to have the same price to make money. if you make a deal on it you will make money on it for a while but then the other company will copy them so then they are equal. so they are always equal in the end.
this video made a lot of sense. if the two companies have the same prices then they will both make money. but if they decide to get greedy and lower their prices then they both loose money because one has lower prices witch means less income and the other business looses money because they cant sell anything. all the businesses need to use co-operation.
if one bakery lowers or raises their prices then the other bakery will make more money or lose money. you have to have the same price to make money. if you make a deal on it you will make money on it for a while but then the other company will copy them so then they are equal. so they are always equal in the end.
ReplyDeletethis video made a lot of sense. if the two companies have the same prices then they will both make money. but if they decide to get greedy and lower their prices then they both loose money because one has lower prices witch means less income and the other business looses money because they cant sell anything. all the businesses need to use co-operation.
ReplyDelete