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So, if no one competed to get ahead of competitors, by making better or cheaper products and to grab the available marketshare, we would just have better and ch
by okr 2y ago
So, if no one competed to get ahead of competitors, by making better or cheaper products and to grab the available marketshare, we would just have better and cheaper products without it? Sounds flawed to me.
- saulpw 2y agoWhy? It's another prisoner's dilemma.
- lukev 2y agoNot sure what you mean. People would definitely still compete on quality and price in a world without advertising: much moreso, because they couldn't just spend money for sales without improving their product. If they wanted to improve sales, they'd have to either get better or cheaper.