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Description

Overview:
Companies make profits. Is that good or bad? Neither - it doesn't last. Firms that make huge profits attract competitors, which drive prices and profits down. See what this has to do with supermarket checkout lanes, Pixar movies, and Viagra.
Subject:
Economics
Level:
High School, Community College / Lower Division, College / Upper Division
Material Type:
Lecture
Author:
Provider:
Saint Michael's College
Provider Set:
EconGuy Videos
Date Added:
11/29/2013
License:
Creative Commons Attribution Non-Commercial Share Alike Creative Commons Attribution Non-Commercial Share Alike
Language:
English
Media Format:
Video

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