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Poem on competition
Thought this was amusing and possibly relevant for your class. It was
quoted in an Andrew Tobias column:
You’re gouging on your prices if You charge more than the rest.
But it’s unfair competition If you think you can charge less.
A second point that we would make to help avoid confusion:
Don’t try to charge the same amount -- that would be collusion!
You must compete. But not too much, for if you do, you see,
Then the market would be yours -- and that’s monopoly!
-- R. W. Grant, Tom Smith and His Incredible Bread Machine