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That sounds like a crappy business that can benefit from economies of scale.
by Tinyyy 4y ago
That sounds like a crappy business that can benefit from economies of scale.
- eigenrick 4y agoAbsolutely. All he needs to do is dig up the 100 million dollars he has buried around his yard so that he can scale to the point that taking a 300% hit on materials doesn't affect him. Or maybe he should spend some of his billions to buy up all of the apple orchards in the region so he can better control his supply chain (and, coincidentally, that of his competitors) Scaling has its limits, unfortunately)
- redwall_hp 4y agoYeah: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/ https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr... The bottom 50% of the US has 2.6% of the wealth. The 50-90% bracket has 27.6%.
- legostormtroopr 4y agoAnd thats how monolpolisation happens. Instead of 5 or 6 moderately successful cideries meeting different market needs, we have 1 or 2 who control the entire market.