Think Like An Economist

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


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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.

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Think Like An EconomistBy Betsey Stevenson & Justin Wolfers

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