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You will most likely need to work on maintaining your monopoly, but having a monopoly position in a small market allows you to extract above average profits wit
by danieltillett 9y ago
You will most likely need to work on maintaining your monopoly, but having a monopoly position in a small market allows you to extract above average profits without attracting competition. This is the path to quiet success.
From a lifestyle perspective it is much better to be a small fish in a small pond than a big fish in big pond filled with sharks.