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And how much more efficiency did we gain since then through better machinery? I don't see how 1000 companies couldn't feed us but ten 100x-larger companies can
by ulfw 4y ago
And how much more efficiency did we gain since then through better machinery?
I don't see how 1000 companies couldn't feed us but ten 100x-larger companies can. What you gain in economies of scale you lose on competitive edge.
- snowpid 4y ago10 companies can be a very competitive market. e.g. German supermarket market.