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S E44: Entry, Exit and Long-Run Profitability - How to get ahead in the Market

S E44: Entry, Exit and Long-Run Profitability - How to get ahead in the Market

FromThink Like An Economist


S E44: Entry, Exit and Long-Run Profitability - How to get ahead in the Market

FromThink Like An Economist

ratings:
Length:
22 minutes
Released:
Aug 24, 2021
Format:
Podcast episode

Description

If there are profits to be made, entrepreneurs will be there to start their business. But how can they stay ahead of the competition and deter new rivals from entering the market? Betsey Stevenson and Justin Wolfers guide you through the choices managers make to remain profitable, and explain why businesses try to crush healthy competition.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 24, 2021
Format:
Podcast episode

Titles in the series (54)

Think Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.