![newsMNC](https://babycheers.com/images/player/000default.jpg)
: Watch: Hilarious video explains principles of economics #IndiaNEWS #Features It takes a sharp brain to establish and run a business. But, it takes an even sharper brain to deceive a competing business.
Watch: Hilarious video explains principles of economics #IndiaNEWS #Features
It takes a sharp brain to establish and run a business. But, it takes an even sharper brain to deceive a competing business. A hilarious video that is now going viral on Twitter shows how it should be done.
The clip shows two women selling eggs. Let’s call the woman on the left Woman A and the woman to the right Woman B. Woman A initially sells her tray of eggs for 150 bucks and Woman B for 140 bucks. A man walks in and buys a tray from Woman B as it is cheaper.
Noticing the price difference, Woman A lowers her price to 100 bucks with an expectation that people will now buy from her. In a twist, Woman B buys Woman As tray of eggs and she gives them to her reluctantly. Once she bought the tray, Woman B now increases her price from 140 bucks to 350 bucks which leaves Woman A furious.
This video explains how one can beat their competition through a simple trick. The clip has more than 1.4 million views with Twitterati appreciating Woman B’s intelligence. Some users also came up with names of companies that they felt use these kinds of techniques to establish a monopoly in the market.
Principles of Economics in action. pic.twitter.com/cBIQQ8rUAL
— WallStreetPro (@wallstreetpro) August 19, 2022
Latest stock market news Twitter alternate of India
0 Reactions React
More posts by @newsMNC
![newsMNC](https://babycheers.com/images/player/000default.jpg)
: Cambodias poverty rate falls to 17.8%: Official #IndiaNEWS #Other News Phnom Penh, July 29 (IANS) Cambodias poverty rate dropped to 17.8 per cent in 2020, from nearly 40 per cent in 2009, a senior
0 Reactions React
![newsMNC](https://babycheers.com/images/player/000default.jpg)
: Australia reports highest single-day Covid deaths #IndiaNEWS #Other News Canberra, July 29 (IANS) Australia on Friday reported the highest single-day Covid-19 deaths in recent months as the country
0 Reactions React
0 Comments
Sorted by latest first Latest Oldest Best
Terms of Use Create Support ticket Your support tickets Stock Market News! © babycheers.com2024 All Rights reserved.