Re:Why Ice Cream Sellers Stand Next to Each Other Instead of...
by zacechola on Friday October 16, 2009 @12:29PM
(#885665)
Sure there is equilibrium. Differentiation on price points, quality, service and length of lines will balance things out.
That said, the difference between a third ice cream cart and a 30th ice cream cart in the area is great. But then, the market should correct itself so that the optimal number of ice cream sellers are available.
That said, the difference between a third ice cream cart and a 30th ice cream cart in the area is great. But then, the market should correct itself so that the optimal number of ice cream sellers are available.