3 ms·
I wonder how realistic is this? It probably takes multiple years to build anything that generates electricity at scale so competition must be very predictable.
by mrtksn 3y ago
I wonder how realistic is this? It probably takes multiple years to build anything that generates electricity at scale so competition must be very predictable.
Then you can probably calculate your optimal profit strategy very easily and when you sell something that people have to buy, in some cases, probably just inflating the prices by reducing production is the most profitable strategy. There’s no risk of someone stepping in if it’s most profitable for everyone to just produce enough to inflate prices(if you produce one percent more you earn one percent more but if you produce one percent less and if the price go 10% up, you end up making much more money).
Aren’t the oil producers doing the same?