4 ms·
It is known as the declining rates of profit. ( https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall https://en.wikipedia.org/wiki/Tendency_of_t
by fabianhjr 8y ago
It is known as the declining rates of profit. ( https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit... )
An oversimplified explanation would be that each buisness has an incentive to undercut their competitors and by doing so decline the profit margins for everyone.