- Sep 12, 2008
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Say you and a some neighbors are selling Kool aid on neighboring corners. You sell one flavor, the four of them all sell the same different flavor. That means you have a monopoly on customers who like your flavor, and the other four have to divide the market for their flavor by 4. Which market model will make a better profit?
Make this even more cunning on fox's part... Your Kool aid is more popular than theirs. Not by a huge margin, but by enough to be obvious.
Wouldn't it be wiser for one of your competitors to change flavors to get a larger share of a larger market, rather than fight for a small share of a smaller market?
Make this even more cunning on fox's part... Your Kool aid is more popular than theirs. Not by a huge margin, but by enough to be obvious.
Wouldn't it be wiser for one of your competitors to change flavors to get a larger share of a larger market, rather than fight for a small share of a smaller market?