4 ms·
I meant vigorous market competition from the economical point of view not from the entrepreneur's point of view. But yeah the ultimate goal of every "for-profit
by mrkramer 4y ago
I meant vigorous market competition from the economical point of view not from the entrepreneur's point of view. But yeah the ultimate goal of every "for-profit" company is monopoly but the goal of every economist is vigorous market competition which improves quality of products and drives prices down.
- andrekandre 4y agooh definitely, i don't disagree with that at all, sorry if it was confusing was just pointing out that what we want (competition) and what they want (monopoly) is kind of at odds..