@Kaygan_zemin they can't physically do it, but they can out price smaller business due to a more built up infrastructure and location a great example is Walmart having one of the largest distribution nets across the US and most Walmarts are designed to be close to residential areas.
@@akashjaiswal5639 To be fair, if I was talking about multiple monopolies I would say monopolistically competitive market, but you are right that I should have specifies a pure monopoly.
The strict definition of monopoly is the exclusive exploitation of a market by law and protected by the state. In this case the competitors freely decide to sell their business
@@legelf Oh Mr. Mark Zuckerberg. What are you doing here? Don't you have to teach others how to do business? You can tell others using a better platform instead of yt comments. Lol
@@erenyeager098 This is the exploitation of a monopolistic position, and it is prosecuted by law. A company that acts this way will be split into 2 companies, for example. This is the exploitation of a monopolistic position, and it is prosecuted by law. A company that acts this way will be split into 2 companies, for example. Ethical or not, doesn't matter.
@codybeckus2652 No, everything is so dang expensive because people steal, and there are no repercussions for their actions. It drives the prices up for those of us who don't mind paying for things... it's just a matter of being raised right. Where this man is from, I'm sure they have their own challenges, but he's doing good for his own people.
@gerrievanhuyssteen5100 I mean, I guess it just depends on the circumstances. I used to think people were inherently good... but the way this world is going, it is diminishing my faith in humanity.
Don’t forget the Rockefellers had the cartel in their pockets and if you didn’t sell them your business, the owners would be on the front newspapers “business went bankrupt” or “business owner dead at….” 😂
@@dimkacrasэта помойка (пятёрка) уже к сожалению выкупила все частные магазины В 10 минутах от дома 7 пятёрочек, и ни одного нормального магазина больше...
Pues puedes competir con el precio mientras lo hagas tengas bajos costos. Y la otra opción que mencionas se llama diferenciación, y no es solo tener la mejor calidad si no que hacer tu producto dstauqe de la competencia
@@rajkumar-rg5sw How is dropshipping related to this video or comment? What this video shows is anticompetitive and many people have gone to jail or been fined for it. EDIT: Why do I get the feeling I'm about to be pitched a dropshipping account like it's a timeshare?
Neoliberalism where exploitation take place due to greed. Great lesson. Imagine a world where a corporate without a competitor to stop them and no government regulation.
This isn't why at all though 😅. It's actually excessive regulation that keeps competitors from forming here domesticly, prohibit US citizens from buying products abroad, and outlaws individuals from negotiating their medical care prices (but yet gives insurance companies a monopoly on that negotiation). Monopolies like in the video can happen, but they rarely have much staying power and if they stay too ridiculous a competitor will quickly join the frey. Also you can only undercut for so long while losing a profit. Most monopolies are due to government regulations. Like even Walmart only cut out your local butcher because congress made so many ridiculous regulations on meat handling that small local butcher shops can't function or make that much of a profit.
@@thecapitalisticdictator2256 That's part of the issue, there are a lot of factors going into this. Generally, if it WASNT a corporation competing for profits, there would be no need for prices to increase as taxes would eat the cost (as long as money actually truly came back to the system, unlike how our current tax systems work where billionaires pay 0 dollars in tax due to loopholes and all our tax income has to come from those who have nothing to give). Government could regulate any and all bodies that went through it with no additional cost and the overall cost of a medical license wouldn't be like half a million dollars. But of course, that's rather utopian and the way our government and systems currently are, is impossible to actually implement. I am nothing if not a realist. So, what can we actually do? Well we can certainly start by simply annihilating the absurd markups on services. Most providers of medical tech are owned by one or two major corporations that have expanded laterally rather than up or down the ladder. Up and coming developers are simply bought out before they can reduce the price of that tech. There's a lot of moving parts, but lets focus on the core problems and work to alleviate the greed and profit motives from static markets.
It's all just the FDA regulations that cause the prices to skyrocket in the US, they cannot directly manipulate the prices, they just make regulations that cause the drugs to cost more. They increase the clinical trial costs which basically makes it harder to get approved by the FDA, which means that a company has to spend more money to put a drug out there in the market. Basically, let's say they spend 100 mil to make a certain type of medicine compared to Englands 10 mil (just examples), in order for them to make profit, they have to put 10 times higher price than Englands one. The FDA controls the prices indirectly.
you got a bunch of accurate responses already, however if this would be more like the north american housing market. Private landlords don't understand the economy 9/10 times, so usually this is what they deny, to justify their price increases, that are based off of idiot decisions, that lead the state to increase the overall prices or property tax, to even out loss in the economy, caused by them. The idiot private landlords, then charge that to their tenant, ruining the economy even more and the cycle just continues. Private landlords are literally the dumbest people in existence
I highly doubt this explanation has anything to do with pharmaceuticals. They're outrageously priced due to the simple fact that we human beings need what they sell.
Так и работает экономика. Супермаркет снижает цены до минимума, тогда мелким магазинам приходится закрываться. А когда супермаркет избавляется от конкурентов, то поднимает цены в несколько раз. Гениально
Так работает пока в городе не открываются другие торговые сети. Тогда падают цены + а скоро и качество продукции (яркий пример -хлеб в Питере УГ (только в личных пекарнях +- норм, а в Хабаровске хороший ПОКА ХОРОШИЙ)
Так работает капиталистическая экономика, где рулят барыжьи понятия: Если ты иссыхая от жажды готов отдать всё что у тебя есть, то столько это стакан воды и стоит.
У нас так фикспрайс с Дикси закрылись оба. Хер поймёшь кто из них устроил поджог. Пострадали оба и пришлось закрыться. Хотя вроде Дикси или Фикспрайс работает.
Демпинг - зловредное действие для экономики, но магазины в России не могут повышать и понижать цены без причин, потому-что тогда на них возбудит дело антимонопольная служба, так как демпинг запрещен, другое дело что есть более легальный способ монополизации, например реклама, качество, но это требует вложений
No he just explained how capitalism supposed to work but these greedy cooperation are violating antitrust laws. Companies are supposed to compete for your money not collude with the competition.
This is a great example of how black people are ripping off people😮😮, greater job of showing the rest of us, never make a black person a leader of a country, cause this is how poverty is created, learn from this😢😢😢😢😢😢😊😊😊😊😊
@@tayufuOnly works with in a market. A flea market neither have equal goods, no transparency, no reaction time and no preferences which already make this strat not work there but on top of that theres low demand. You usually dont make a profit on a flea market, you sell the stuff you would throw away otherwise. This strat can however work on a food market for example when someone else offers similar goods
Так и получается в жизни. Если есть конкуренция, цены регулируются, кто чуть дешевле, кто подороже. При отсутствии конкурентов можно ставить цену от балды.
Хех. Конкуренция не длится вечно и не может она длится вечно. Она была то максимум в самом начале рынка. Как только появился "лидер" в своей нише, то считай все. Началась монополия.
В процессе конкуренции неизбежно есть участник, который "выиграет" в единичном случае, например продавая яйца, и получит преимущество в виде бОльшего объёма средств. Затем эта ситуация повториться 1, 2, 10, 500 раз и в конечном итоге каждый раз бОльший объём средств и опыта, чем у конкурентов будет позволять выигравшему совершать новые и новые ошибки, в какой-то момент денег у кампании будет настолько много, что она сможет скупать любую из молодых, появляющихся на рынке компаний и единственный выход из этой неизбежной монополизации - государственное вмешательство. Но в таком случае рынок уже не свободный. И т.к. капитализм ставит во главу угла деньги, то власть имеется у тех, у кого есть деньги. Люди с деньгами имеют вес в правительствах, лоббируют нужные им законы и прочее, сращиваясь с правительствами кап. стран по всему миру, государство становится зависимо от таких гигантов, как General Electic, BASF и прочих. Так что в конце-концов мы всё равно приходим к полному государственному регулированию - единственной монополии, не позволяющий существовать монополиям. А дальше дело только за людьми: если они смогут удерживать права и влияние профсоюзов на достаточном уровне, то эта машина будет работать в их пользу и защищать рабочего человека, а если нет, то система превратится в одну огромную кап. монополию, выжимающую максимум из рабочих и разрушающую государственный строй.
@@erarsonx3184 no hay otro destino que las corporaciones en un sistema en el que el 90% de los esfuerzos humanos se orientan a la ganancia, a veces dentro de lo legal, pero muchas más comprando jueces. Ahora si te referías a q faltó la parte de la expropiación de la plusvalía, sí, esa parte no se ve, ni lo del capitalismo financiero
@@bndrcr82a08e349gthey were in oligopoly, they can agree all three a fixed high price or one can buy the other two. If there is real competition (a lot of them) that is free market, a lot of offer make the price down
if you work in wholesale, you will be judged quite harshly for "trashing the market" as they call it when people race commodity prices to zero. Rebates exist from manufacturers that incentivize you to price where you can receive a small margin on the front end, say 4%, and a larger margin at the end of the year from your supplier, say 15% on every item of theirs that you sold
Walmart has been hard at work at this for decades. Most places where they've been established have no small businesses left, or just shells of what once was
he did.. cause got anti-monopoly laws, bit only on paper.. Just take a closer look which company owns what.. in fact, sadly there are around 10 different billion-dollar-companies that rule the world...
And yet we have monopolies. To Explain that, just imagine the video continued and the man in the middle split himself into three groups as three companies competing against each other but It's all a facade as he is the true owner of all the companies.
@@yoshiperspectives4880 Oh, absolutely true. Didn't mean to imply that the laws were enforced, just that this is one of the reasons why they were created in the first place.
Monoploies will sell the best product at the lowest price.The supply and demand curve is a fundamental economic concept applicable to everyone, including monopolies. It demonstrates the interplay between the quantity of goods or services supplied by producers and the quantity demanded by consumers at different price levels. The equilibrium point, where supply equals demand, determines the market-clearing price, ensuring there are no surpluses or shortages. When prices are too high, there's an excess supply, leading sellers to lower prices, whereas when prices are too low, demand exceeds supply, prompting sellers to increase prices. Understanding the supply and demand curve enables individuals to comprehend how prices are determined, how goods and services are allocated, and how changes in various factors impact market dynamics. That is why monopolies are good.
@@5818fa1 Monopolies will sell the ONLY product at the highest price possible (demand: a price that people are willing to pay that's not more then they are able to pay). It's undeniable that an effect of a monopoly is way lower quality products compared to when there's competition specially for things with inelastic demand.
@stupidatc7947 the supply-demand curve applies to monopolies. Also, they provide the best product at the lowest price. They do this because they have efficiencies of scale and do not have to advertise
yeah. that is really well explained how companies do work. Not to forget: give them a bit more then the asked price. Otherwise they have no reason to sell it to you.
Wucher: Um einen Preis als Wucher zu bezeichnen, muss er mindestens doppelt so hoch sein wie marktüblich. (150 -> 300) Außerdem muss der Anbieter eine Notlage ausnutzen. Ob Wucher vorliegt, muss in jedem Einzelfall juristisch geprüft werden. (Aufkaufen von Grundnahrungsmitteln, wahrscheinlich ohne Gewerbeschein) Never come to Germany and try this. You will get punished by "goverment" (Finanzamt) as FCK.
No it's really not. Real economics are not that simple. Usually as a new entrepreneur you have no resources to buy off your competitors. There's nothing that prevents new competition arising and just leaving you with a huge stock that you may have to sell for loss before it expires. It's an oversimplification and shows one scenario. But in the end it's educational value is near non-existent.
Місяць тому
Bro just broke down business competition in a nutshell, impressive!
this is actually how markets used to be in most places, as competition drove prices down due to close proximity of similar goods and the ability to compare by buyers.
Jio is oil company ...that is in starting stage freee with 1000 member then members are increasing more than 10k that is 12k or above then increase raise the amount not free it's taxable amount ....pay and use
Its not, u cant pick any price and think people will buy it. If its too high, they will refuse to buy and u will have a loss or decrease price. If they accepted, this will bring attention to other sellers and they will start a competition. Thats how market works. Monopoly in free market is non existent. Only state via law can ensure monopoly position.
@@NiktoPH lol literally the dumbest take in existance 250 years of history and you still claim this BULLSHIT...works for shit you can produce with your hands....and then it breaks down due to barrier of entry...
But it is in a closed system (ie. 3 suppliers. and a fixed resource) which can only be maintained with government regulation. It is more of a example of the busines cycle in a capital economy.
This is exactly what corporations do to small businesses
kanunlar sert olursa ve uygulanırsa şirketler bunu yapamaz.
@Kaygan_zemin they can't physically do it, but they can out price smaller business due to a more built up infrastructure and location a great example is Walmart having one of the largest distribution nets across the US and most Walmarts are designed to be close to residential areas.
Literally the other way around
No it's not
@@Osuran_kaplumbagayou are right, but at least in North America the laws aren't enforced🤣
Bro just explained economics with paper, a marker, and eggs 😂
This is pretty much what happened with small businesses in COVID now we have high in demands and fucking inflations thanks to our turd governments
Yeah predatory pricing is horrible in today's economy
❤❤
10 milliards
Frr
Perfect class for Economics students 🔥
❤
Yess true dear
Now thats what i call work smarter not harder
Этот ролик объяснил монополию, лучше чем мой преподаватель 😅
Суть не в монополии, а в демпинге цен.
@@t0ny_mus1cz_prodТут задействовано и то и другое
Примерно также делают с заправками не от монополии
@@t0ny_mus1cz_prodто видео показывает именно как компании становятся мононполистами
@@pbel7867скупают у друг друга бензин?
Dude just turned a purely competitive market into a monopolistic market single handed!
monopolistic and Monopoly is different
Not monopolistic but monopoly
@mahdfaisal7910 My teacher always told me thats is oligopolistic not monopolistic, which is just stupid
@@akashjaiswal5639 To be fair, if I was talking about multiple monopolies I would say monopolistically competitive market, but you are right that I should have specifies a pure monopoly.
The strict definition of monopoly is the exclusive exploitation of a market by law and protected by the state. In this case the competitors freely decide to sell their business
Jajaja muy inteligente el muchacho!!!
Наглядный пример создания яндекса
Very good It's so cool and fun My dear friend Have a happy day
Bro explained the business in just a minute better than anyone else.
It is not business, it is illigal.
bro thinks this is a business lesson, there's much more to it than this kid 😉
@@legelf Oh Mr. Mark Zuckerberg. What are you doing here? Don't you have to teach others how to do business? You can tell others using a better platform instead of yt comments. Lol
@@stda7160 it's unethical but still done by many MNCs
@@erenyeager098 This is the exploitation of a monopolistic position, and it is prosecuted by law. A company that acts this way will be split into 2 companies, for example. This is the exploitation of a monopolistic position, and it is prosecuted by law. A company that acts this way will be split into 2 companies, for example. Ethical or not, doesn't matter.
It❤
😊😊😊
I haven’t taken any of those courses so I couldn’t say, but I definitely wanted to lol
You've had shit professors dude
@@rhianeamor7358😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊
Ohhhhhhhhhhhhhhhhhhh so that was what that class was about lmao
Dude in the middle has a very friendly and inviting smile
Una buena competencia al vender sus productos viendo la competencia
Без слов объяснили принцип работы конкуренции и монополии, красавцы
Бывает и монополистическая конкуренция)
это демпинг , чернуш задемпил поцанов
только обычно они вверх цены поднимают, так как реальная монополия или олигополия на рынке
@@user-kj8cj9ct2oа разве не монополия?
@@starvito7288в монополии только одна компания )
7 years of Business School explained in 30 secs. Dear Lawd
Oil price
666
What were you studying that it took 7 years for finishing the Business School?
@@ayushsaxena419 My guy was held back in business school lmfao
😂😃😃😃🤣
Big business man 💯💪🏾
Itulah yang dinamakan kerja cerdas
Nope, itu monopoli
Bro just got all my micro economics professors fired 💀
back in ancient rome people solds out for the money
paper became very cheap
digital became unlimited
suffer
Maaaaan this is actually whole business in one short
Es ilegal
This is the true story of standard oil in america before it was broken into pieces and sold at auction by the government cause it grew too powerful
@@brunomiguelgutierrezmontoy2146 🤡🤡🤡🤡🤡🤡🤡🤡
@@brunomiguelgutierrezmontoy2146it isnt ilegal if he doesn't monopolize the whole egg business
@@brunomiguelgutierrezmontoy2146 no its not look in what world do u live in
🎉Это лучший пример, как работает рынок, как образуется цена на товар! Спасибо! Super!🎉😂
HELLA SMART! He deserves his wealth for that type of entrepreneurial thinking! 🎉
and this is why everything is to damn expensive!
Can you not tell this is fake you bimbo?
Lol but when I do it I am an evil business man.
@codybeckus2652
No, everything is so dang expensive because people steal, and there are no repercussions for their actions. It drives the prices up for those of us who don't mind paying for things... it's just a matter of being raised right. Where this man is from, I'm sure they have their own challenges, but he's doing good for his own people.
@gerrievanhuyssteen5100
I mean, I guess it just depends on the circumstances. I used to think people were inherently good... but the way this world is going, it is diminishing my faith in humanity.
Bro explained how Rockefeller became rich in less than a minute
Monopoly?
Rockefeller wasn't the family real name forth parents Ron bank and change their identity 😂😂
@@khyrovancho3319that sentence just gave me a stroke
@fliptipsshorts the lord have resurrected u
Don’t forget the Rockefellers had the cartel in their pockets and if you didn’t sell them your business, the owners would be on the front newspapers “business went bankrupt” or “business owner dead at….”
😂
Dude knows how to take down his competition.
for a day
That's not how you take down competition, and no ones going to buy an over priced eggs.
tienes razón
@@robertnoble7554now replace egg with telecom or broadband plans
1 tray is 50 but she paid 50 and he get at all😂😂😂😂
Your content always keeps me coming back for more.
É isso que as grandes empresas fazem, compram os pequenos produtores e tiram a concorrência
Честная конкуренция переросла в монополию.)
Очень просто и доходчиво объяснили такой сложный процесс.
Демпинг цен вроде это называется. Когда продаешь ниже себестоимости ради вытеснения конкурентов и образования монополии
@@jernurjernur3853 это как какая нибудь 5ка выкупала бы дикси и других и после продавала все дороже...
@@dimkacrasэта помойка (пятёрка) уже к сожалению выкупила все частные магазины
В 10 минутах от дома 7 пятёрочек, и ни одного нормального магазина больше...
теория эвкалипта в деле.
Ага, только жаль, что это видео плагиат.
A Business rule:
Never compete in the price, but rather compete in the quality
What business? Because I can tell you Walmart and best buy 2 businesses that come to mind that sre insanely successful and dont follow that rule
Pues puedes competir con el precio mientras lo hagas tengas bajos costos.
Y la otra opción que mencionas se llama diferenciación, y no es solo tener la mejor calidad si no que hacer tu producto dstauqe de la competencia
unless there's very little quality characteristics to differentiate products/services and customers don't care e.g. toilet brush
@@baisar2628❤ www
This is a non existent rule you made cuz you thought you were smart 💀
La base de la riqueza con ventas
Perfect example of why a society does not need monopolies.
bro explained monopolies and price gouging in like 1 min
Quite possibly one of the best economic lessons I've seen on the internet. Good job!
Quite possibly a crime in most countries too.
@@Erkle64no dropshipping is not a crime it's a good business stratergy
@@Erkle64 Not if you are OPEC
@@rajkumar-rg5sw How is dropshipping related to this video or comment? What this video shows is anticompetitive and many people have gone to jail or been fined for it.
EDIT: Why do I get the feeling I'm about to be pitched a dropshipping account like it's a timeshare?
Neoliberalism where exploitation take place due to greed. Great lesson.
Imagine a world where a corporate without a competitor to stop them and no government regulation.
Very good!!! (I mean, not so much in corporate America, but I'm eating it up. Love the way you breakdown this concept.)
Como no hay nadie que venda lo vende más caro
This is actually educational. I think this might be one of the first short videos that doesn’t actively make the viewer dumber. Good work.
It's a good representation of what game theory is in a nutshell
абсолютно с вами согласна
хоть что-то полезное
You must be on the tiktok side of youtube shorts because 90% of shorts in my feed are educational
This is called monopoly
en realidad no porque eso a la larga no sale bien
He just explained why medicine in America is like 10 times more expensive than anywhere else
This isn't why at all though 😅. It's actually excessive regulation that keeps competitors from forming here domesticly, prohibit US citizens from buying products abroad, and outlaws individuals from negotiating their medical care prices (but yet gives insurance companies a monopoly on that negotiation).
Monopolies like in the video can happen, but they rarely have much staying power and if they stay too ridiculous a competitor will quickly join the frey. Also you can only undercut for so long while losing a profit. Most monopolies are due to government regulations.
Like even Walmart only cut out your local butcher because congress made so many ridiculous regulations on meat handling that small local butcher shops can't function or make that much of a profit.
@@thecapitalisticdictator2256 That's part of the issue, there are a lot of factors going into this. Generally, if it WASNT a corporation competing for profits, there would be no need for prices to increase as taxes would eat the cost (as long as money actually truly came back to the system, unlike how our current tax systems work where billionaires pay 0 dollars in tax due to loopholes and all our tax income has to come from those who have nothing to give).
Government could regulate any and all bodies that went through it with no additional cost and the overall cost of a medical license wouldn't be like half a million dollars.
But of course, that's rather utopian and the way our government and systems currently are, is impossible to actually implement. I am nothing if not a realist.
So, what can we actually do? Well we can certainly start by simply annihilating the absurd markups on services. Most providers of medical tech are owned by one or two major corporations that have expanded laterally rather than up or down the ladder. Up and coming developers are simply bought out before they can reduce the price of that tech.
There's a lot of moving parts, but lets focus on the core problems and work to alleviate the greed and profit motives from static markets.
It's all just the FDA regulations that cause the prices to skyrocket in the US, they cannot directly manipulate the prices, they just make regulations that cause the drugs to cost more. They increase the clinical trial costs which basically makes it harder to get approved by the FDA, which means that a company has to spend more money to put a drug out there in the market. Basically, let's say they spend 100 mil to make a certain type of medicine compared to Englands 10 mil (just examples), in order for them to make profit, they have to put 10 times higher price than Englands one. The FDA controls the prices indirectly.
you got a bunch of accurate responses already, however if this would be more like the north american housing market. Private landlords don't understand the economy 9/10 times, so usually this is what they deny, to justify their price increases, that are based off of idiot decisions, that lead the state to increase the overall prices or property tax, to even out loss in the economy, caused by them. The idiot private landlords, then charge that to their tenant, ruining the economy even more and the cycle just continues. Private landlords are literally the dumbest people in existence
I highly doubt this explanation has anything to do with pharmaceuticals. They're outrageously priced due to the simple fact that we human beings need what they sell.
Cuando la competencia te quiere sacar, compra la competencia-
Ну сдвигать все упаковки в одну стопку это уже наверное лишнее было)Опасно)
Так и работает экономика. Супермаркет снижает цены до минимума, тогда мелким магазинам приходится закрываться. А когда супермаркет избавляется от конкурентов, то поднимает цены в несколько раз.
Гениально
Так работает пока в городе не открываются другие торговые сети.
Тогда падают цены + а скоро и качество продукции (яркий пример -хлеб в Питере УГ (только в личных пекарнях +- норм, а в Хабаровске хороший ПОКА ХОРОШИЙ)
и это называется монополией
Так работает капиталистическая экономика, где рулят барыжьи понятия: Если ты иссыхая от жажды готов отдать всё что у тебя есть, то столько это стакан воды и стоит.
У нас так фикспрайс с Дикси закрылись оба. Хер поймёшь кто из них устроил поджог. Пострадали оба и пришлось закрыться. Хотя вроде Дикси или Фикспрайс работает.
Демпинг - зловредное действие для экономики, но магазины в России не могут повышать и понижать цены без причин, потому-что тогда на них возбудит дело антимонопольная служба, так как демпинг запрещен, другое дело что есть более легальный способ монополизации, например реклама, качество, но это требует вложений
Bro just explained why rent so damn high.
Competition and Capitalism.
@@Chrisfragger1 Competition and capitalism brings prices down...That's not what just happened here.
@@BryanHaldaSure, in the video it isn't, then how you explain the damn prices of rent, if that ain't capitalism dunno what it is
@@BryanHalda Then you are blind.
@@Chrisfragger1 Literally both of those things cause prices to go down
Competition = low prices
Capitalism = competition.
Oferta y demanda, épico xd
This is why laws against monopolies is very important.
this guy just explained microeconomics better than any of my professors
Exactly
No you just weren’t listening
No he just explained how capitalism supposed to work but these greedy cooperation are violating antitrust laws. Companies are supposed to compete for your money not collude with the competition.
@@calebwilliams2305 one of his professors even made it here.
Exactly
Bro just explained the economic rules of supply and demand within less than one second, better than my school over the course of a few weeks
Fuyc yhis idio song!!!
Less than one second??
Figure of speech...@@rishavsinha8125
@@rishavsinha8125he skipped math
supply and demand didn't change, prices did, because real world capitalism doesn't work like econ 101
he made back his 300 with just selling back 1 lmfao smart move
Simplesmente um gênio kkkkkk ultra stonks
The man with the deepest pockets wins every time.
This is a great example of how black people are ripping off people😮😮, greater job of showing the rest of us, never make a black person a leader of a country, cause this is how poverty is created, learn from this😢😢😢😢😢😢😊😊😊😊😊
😂😂😂😂😂
Not if there is a state with good antitrust law
@@Sleeplone17lmfao thats hilariously dumb. Those laws only make monopolies grow stronger. Use your brain for 5 seconds.
И умный мозг
Bro just described what is Monopoly in less than 1 minute 😂
❤😂🎉😢😮😅😮😅😊дддд😢🎉ш😮88🎉ш😅щжж😮🎉6
Go to a flea market and try to do the same. Record with you cell phone and show us how it works in in real life.
@@tayufuOnly works with in a market. A flea market neither have equal goods, no transparency, no reaction time and no preferences which already make this strat not work there but on top of that theres low demand. You usually dont make a profit on a flea market, you sell the stuff you would throw away otherwise.
This strat can however work on a food market for example when someone else offers similar goods
but it's not a monopoly. anyone can still enter the market and compete.
Thank god because that game take freaking forever.
This is why we have monoply laws. To protect the consumer from price gouging.
Esto es lo que hizo Amazon con pequeñas empresas
Bro explained whole *Monopolistic & Monopoly concepts* in less than a minute 👀
he didn't because that's not a monopoly.
@@pedrobraz2809 monopoly means wearing suit with cylinder hat and mustache !!and drive shiny old car !
@@pedrobraz2809 zzzzzz
@@pedrobraz2809 this kind of display bad side of monopoly tough.
Гений
Learned more in this 1 minute vid than in a semester of Econ.
Then you should probably drop out of college if you are this dumb !
You have to actually show up to class and do the readings.
Where u form
Then you aren't very bright , are you?
Not the sharpest tool in the shed I suppose then?
Черная бюгалтерия в действии😂😂😂😂
Так и получается в жизни. Если есть конкуренция, цены регулируются, кто чуть дешевле, кто подороже. При отсутствии конкурентов можно ставить цену от балды.
Конкуренция ВСЕГДА заканчивается монополией
Ага, если нет сговора, то есть картелей.
Хех. Конкуренция не длится вечно и не может она длится вечно. Она была то максимум в самом начале рынка. Как только появился "лидер" в своей нише, то считай все. Началась монополия.
Если есть конкуренция, то нет конкуренции
В процессе конкуренции неизбежно есть участник, который "выиграет" в единичном случае, например продавая яйца, и получит преимущество в виде бОльшего объёма средств. Затем эта ситуация повториться 1, 2, 10, 500 раз и в конечном итоге каждый раз бОльший объём средств и опыта, чем у конкурентов будет позволять выигравшему совершать новые и новые ошибки, в какой-то момент денег у кампании будет настолько много, что она сможет скупать любую из молодых, появляющихся на рынке компаний и единственный выход из этой неизбежной монополизации - государственное вмешательство. Но в таком случае рынок уже не свободный. И т.к. капитализм ставит во главу угла деньги, то власть имеется у тех, у кого есть деньги. Люди с деньгами имеют вес в правительствах, лоббируют нужные им законы и прочее, сращиваясь с правительствами кап. стран по всему миру, государство становится зависимо от таких гигантов, как General Electic, BASF и прочих. Так что в конце-концов мы всё равно приходим к полному государственному регулированию - единственной монополии, не позволяющий существовать монополиям. А дальше дело только за людьми: если они смогут удерживать права и влияние профсоюзов на достаточном уровне, то эта машина будет работать в их пользу и защищать рабочего человека, а если нет, то система превратится в одну огромную кап. монополию, выжимающую максимум из рабочих и разрушающую государственный строй.
I just completed my MBA through this short
Me too. Just got my NBA through this short
Got accepted in the International Bank because of this short
I just generated over a billion sales in 6 months through this short
I’m now Jeff bezels
@@ViolentCabbage-ym7kome too I also got my National basketball league from this video
In India we called Ambani buisness style, here is a buisness man called Ambani he is doing exactly what the centre man did 😅😅😅
نعم هكذا❤
اعمل بذكاء ولا تعمل بجهد ❤
Dude explained capitalism better than my professor.
Si creíste que eso resume el capitalismo, tu profesor claramente es terrible
@@erarsonx3184eso es capitalismo yanqui
Without any words 😁
@@God-db9vpyes but by wasting so many papers
@@erarsonx3184 no hay otro destino que las corporaciones en un sistema en el que el 90% de los esfuerzos humanos se orientan a la ganancia, a veces dentro de lo legal, pero muchas más comprando jueces. Ahora si te referías a q faltó la parte de la expropiación de la plusvalía, sí, esa parte no se ve, ni lo del capitalismo financiero
Just completed my BSC in Accounting 😊
Thanks man
Haha😂😂
@@AkshayBala__007 🤩
😂😂😂
Eso han hecho muchas multinacionales. Ahora nos cobran lo que quieren.
Que?
Isko dekhkar jio ka yad aa gaya 😢😅
And this is why businesses always need competition.
They were in competition, but they sell ownself
@@bndrcr82a08e349gthey were in oligopoly, they can agree all three a fixed high price or one can buy the other two.
If there is real competition (a lot of them) that is free market, a lot of offer make the price down
Lol, that's why competition NEVER lasts long and ALWAYS turns into a monopoly
@@bndrcr82a08e349gthat's why monopoly is forbidden
@@katherinelmers9026 oligopoly is not free market
Finally, a sensible YT short
Lol its a copy
if you work in wholesale, you will be judged quite harshly for "trashing the market" as they call it when people race commodity prices to zero. Rebates exist from manufacturers that incentivize you to price where you can receive a small margin on the front end, say 4%, and a larger margin at the end of the year from your supplier, say 15% on every item of theirs that you sold
BLoop :D
He must be an igbo man from Nigeria... Anambra precisely 😂😂
Dude explained a 2-year MBA in 60 seconds.
😊😊😊
ooo yt shorts scrollers are learning new vocab!
Ивтап❤❤❤😊😊😊
@@weirdooftheyearbroski uploads vids of mobile, low spec, indie games, and you’re here talking. Brazy
@@weirdooftheyear I bet the vocab is better than those 21 Subscribers over 5 years.
This one really did by corporates right now against small scale businesses
Walmart has been hard at work at this for decades. Most places where they've been established have no small businesses left, or just shells of what once was
@@joel.ha.and if I'm not mistaken there's laws that make this very deal illegal these days
@@joel.ha. except Amazon. Walmart can't compete with them
@@greasycheese8095 ain't no way you just called Amazon a small business... they have $1.5 trillion dollars. That's $1,500,000,000,000.00
Fun Fact every corporation started as a small business.
Its called capitalism.
This is straight from the corporate training manual
This short, simple and entertaining, perfect lesson on economics…
man explained how price wars work in seconds
They show this in elementary schools
It’d be nice if it worked like this more but what really happens is the price goes the other way
@@freeaudiobooks7469Yeah but do they really pay attention?
Они за несколько секунд показали, как действительно "работает" конкуренция при рыночной экономике - никак, монополии рулят😊
1000th like
Excellent demonstration as to why we have anti-monopoly laws.
In fact no.
@@martinromero8121 You've said absolutely nothing.
he did.. cause got anti-monopoly laws, bit only on paper.. Just take a closer look which company owns what.. in fact, sadly there are around 10 different billion-dollar-companies that rule the world...
And yet we have monopolies. To Explain that, just imagine the video continued and the man in the middle split himself into three groups as three companies competing against each other but It's all a facade as he is the true owner of all the companies.
@@yoshiperspectives4880 Oh, absolutely true. Didn't mean to imply that the laws were enforced, just that this is one of the reasons why they were created in the first place.
Bro is a true business man👀
В этом видео ты узнал об экономике больше чем за всю жизнь
This man explained monopoly and oligopoly in the best way❤
Absolutely right sir
monopoly and price fixing 😫
Monoploies will sell the best product at the lowest price.The supply and demand curve is a fundamental economic concept applicable to everyone, including monopolies. It demonstrates the interplay between the quantity of goods or services supplied by producers and the quantity demanded by consumers at different price levels. The equilibrium point, where supply equals demand, determines the market-clearing price, ensuring there are no surpluses or shortages. When prices are too high, there's an excess supply, leading sellers to lower prices, whereas when prices are too low, demand exceeds supply, prompting sellers to increase prices. Understanding the supply and demand curve enables individuals to comprehend how prices are determined, how goods and services are allocated, and how changes in various factors impact market dynamics. That is why monopolies are good.
@@5818fa1 Monopolies will sell the ONLY product at the highest price possible (demand: a price that people are willing to pay that's not more then they are able to pay). It's undeniable that an effect of a monopoly is way lower quality products compared to when there's competition specially for things with inelastic demand.
@stupidatc7947 the supply-demand curve applies to monopolies. Also, they provide the best product at the lowest price. They do this because they have efficiencies of scale and do not have to advertise
yeah. that is really well explained how companies do work. Not to forget: give them a bit more then the asked price. Otherwise they have no reason to sell it to you.
then the other guys restock, sell them at 290 and they start over again. This is a nice comedic video but far from how actual market works
Ignoring the fact that it is also illegal
Wucher: Um einen Preis als Wucher zu bezeichnen, muss er mindestens doppelt so hoch sein wie marktüblich. (150 -> 300) Außerdem muss der Anbieter eine Notlage ausnutzen. Ob Wucher vorliegt, muss in jedem Einzelfall juristisch geprüft werden. (Aufkaufen von Grundnahrungsmitteln, wahrscheinlich ohne Gewerbeschein)
Never come to Germany and try this. You will get punished by "goverment" (Finanzamt) as FCK.
من مر صدفة فَليصلي على النبي وآله ﷺ 🍃❤❤❤
This is why it is bad when one company has the monopoly on whatever it is. Competition brings prices down.
This is genius, Teaching basic economics without any language barriers, I love shorts.
Exactly what I thought
Change the last 3 words because I have seen some stuff on here😳
This is a really good educating video without even paying to much attention
No it's really not. Real economics are not that simple. Usually as a new entrepreneur you have no resources to buy off your competitors. There's nothing that prevents new competition arising and just leaving you with a huge stock that you may have to sell for loss before it expires. It's an oversimplification and shows one scenario. But in the end it's educational value is near non-existent.
Bro just broke down business competition in a nutshell, impressive!
Это демпинг и монополия, что запрещено по сути делать. Так бы все делали.
this perfectly explains how modern businesses suddenly make a lot of money
Yeah by being white 😢
Before this song came out, no one understood how monopolies work.
Yes. lol
Woman ☕
What is the name of the song do you know?
@@jerryleroy9187 its called makeba.
INTELIGENCIA TOTAL...👏👏👏😃😃😃😃👍👍👍🇨🇱🇨🇱🇨🇱😊
There are laws against this in the us and europe. But those are too loosely enforced in the us, that's shy corporations become powerful monopolies.
guy taught the law of monopoly better than all economics schools in brazil 💀💀
fr
but it's not a monopoly. anyone can still enter the market and compete.
@@pedrobraz2809 & thats the egg nest game , the more competitor you have the more it will benefit me .
De fato
Fr
Exemplo do que acontece quando uma empresa compra as concorrentes
Also called Monopoly
Auto escola da minha cidade, são 4 da mesma pessoa.
@@thorstenschweikert3311
@@Allan2392 Imagino o preço delas pra renovação de carteira de motorista...
Microsoft con Blizzard y activision xD
😊أنا شخصيا تعجبني الفكرة 👏👏👏
knew exactly what would happen the second he was able to buy the competing products to sell at his own store lol
this is actually how markets used to be in most places, as competition drove prices down due to close proximity of similar goods and the ability to compare by buyers.
Yes
and still are - Wallmart does this a lot
@@daddyleon yup, thankfully there's no more monopolies now...
ড়
@@MarcMan-hi
Bro just explained telecom sector of India....JIO😂
Yes😂
India has a duopoly
@@abhirajarora76314-- BSNL, JIO, VI, Bharti Airtel 😅
Jio is oil company ...that is in starting stage freee with 1000 member then members are increasing more than 10k that is 12k or above then increase raise the amount not free it's taxable amount ....pay and use
There's Airtel too lmao.
A lot of us were well-off enough to afford internet before Jio came.
He's just a real salesman 😊
Bro just monopolized that sellers stand 😂
The market explained in 2 minutes 👌
except rivers of blood
Monopolio
Thats illegal
@@Westrikerer the market would be: All agree to price 500
He copy this from othervudeo
bro really created a monopoly
😂
Aplico la de amazon
Wow we watched the same video what a coincidence
@@toxic_narcissistwhy is it surprising
Ну 300 теперь для нас понятная цена,а вот 50 из грани фантастики
Сколько я уже пародий видел… Аж достало
Why is this literally the best business advice I’ve ever got to date😂
no one has ever told you about monopolies?
Its not, u cant pick any price and think people will buy it. If its too high, they will refuse to buy and u will have a loss or decrease price. If they accepted, this will bring attention to other sellers and they will start a competition. Thats how market works. Monopoly in free market is non existent. Only state via law can ensure monopoly position.
Youve really never heard about a monopoly?
@@NiktoPH lol literally the dumbest take in existance 250 years of history and you still claim this BULLSHIT...works for shit you can produce with your hands....and then it breaks down due to barrier of entry...
No one is this much fool in reality... 😢😂😂😂😂
This was legit a 10/10 explanation of monopoly pricing
لخلافة
Omg
@@martimluis8712💀
But it is in a closed system (ie. 3 suppliers. and a fixed resource) which can only be maintained with government regulation. It is more of a example of the busines cycle in a capital economy.
I noticed the 2 competitors walked away with smiles on their faces though.
Absolutely beautiful!
Я прям слышу в конце:
"ехехе, ебой) " 😂😂😂😂
Corner the market, raise the prices... Simple economics - Walter White
Monopolisation is the worst thing that can happen in an economy
Leavin' a comment to see people making bb references
@blixx8931 Major credit for the reference quoted 👍
@@shai9196 lol bb rules
@@shai9196 I'm a breaking bad super fanboy.
Bro explained monopolies in one minute better than my history teacher in a whole year
stop saying bro. he's not your bro.
@@J.D.1.calm down bro
@@J.D.1.nah bro we ain't gonna stop
@@J.D.1. bro we all bros here
Where did you study monopoly in history 😂, it's in economy